News published in INFORMA 2021Skip information index
New features introduced in the INFORMA programme during APRIL143162- TAX INCENTIVES FOR SMALL ENTITIES.TAX BASE EQUALISATION RESERVE.AVAILABILITY OF THE ENDOWED EQUALISATION RESERVE
The equalisation reserve is not available until the tax period in which the reduced amounts are added to the tax base.143164- TAXABLE BASE.CAPITALISATION RESERVE.ALLOCATION IN SUBSEQUENT YEARS:ORDER OF IMPLEMENTATION
When in a tax year there are reductions to the tax base for capitalisation reserves pending application and in addition to the tax year itself, the order in which both reductions are applied is as follows: first, the reduction generated in the tax period itself is applied and, if it is less than 10% of the previous tax base for that tax period, the reduction generated in a previous tax period may be applied until the aforementioned limit is reached.143165-DEDUCTIONS TO ENCOURAGE THE PERFORMANCE OF CERTAIN ACTIVITIES.DEDUCTION FOR INVESTMENTS IN FILM PRODUCTIONS.COMMERCIAL EXPLOITATION ON INTERNET PLATFORMS UNTIL 31-1-21
Royal Decree-Law 17/2020 modifies the definition of cinematographic productions and allows that until 31 August 2020, subsequently extended to 31 January 2021 by Order CUD/807/2020, a film may also be considered a commercial release, without losing its status as a cinematographic film, with the deduction of article 36 section 1 of the LIS 27/2014, of 27 November, being applicable when it is carried out via television and platforms that offer streaming content.