News published in the INFORMA programme 2019Skip information index
New items published in the INFORMA programme during FEBRUARY141204-PROVISIONES.PROVISION FOR CLAIMS TO BE REPORTED BY INSURANCE ENTITIES
An insurer that calculates the provision for outstanding claims according to its approved statistical method will be a tax-deductible expense for corporate income tax purposes if it qualifies as a minimum amount in accordance with the Regulation on the Regulation of the Organisation and Supervision of Private Insurance.The amount of the provision that may exceed this minimum amount would not be considered a tax-deductible expense.141201-CORPORATION WITH ASSETS CONSISTING MAINLY OF DEPOSITS
A company engaged in the leasing of real estate without personnel, the assets of which consist mainly of term deposits set up in the years in which it carried out the economic activity of real estate development and, to a lesser extent, of the real estate now leased, may apply the regime of a small company, as it is not considered to be a holding company.141200-LIMITATION ON THE DEDUCTIBILITY OF FINANCIAL EXPENSES.NET FINANCIAL EXPENSES:FINANCIAL INCOME, WRITE-OFFS
Income from a write-off does not count as income from the transfer of own capital to third parties and cannot reduce the net financial charges to be deducted.141199-PARTIALLY EXEMPT ENTITIES.ASSOCIATION INVOLVED IN EDUCATIONAL ACTIVITY
An association, dedicated to practical learning by university students, whose income deriving from membership fees and the carrying out of the teaching activity is subject to and not exempt from corporate income tax.