News published in INFORMA 2022

News published in INFORMA during the month of APRIL

The amounts derived from the sale of sports bets and from participations in tournaments, combinations and games of chance represent the income stream of its ordinary activity and, consequently, will form part of the amount of the company's turnover. On the other hand, the amount allocated to prizes is not considered a negative component of the turnover, since it does not correspond to a refund or a discount.

The positive extra-accounting adjustment that must be made pursuant to article 15 c) of the LIS , due to the non-tax deductibility of the enforcement surcharge, must be made in the tax period in which the accounting record of the expense corresponding to such surcharges took place.

In coordination groups, companies controlled by a natural person are not part of the concept of group of companies defined in article 42 of the Commercial Code and compliance with the requirements of the concept of economic activity of article 5 of the LIS will be determined individually for each of the entities.

Entities partially exempt from section 3 of article 9 of the LIS must simultaneously comply with all requirements established in article 124.3 LIS in order to avoid the obligation to file a Corporate Tax return.