News published in INFORMA 2019
Skip information indexNew items published in the INFORMA programme during FEBRUARY
141204-PROVISIONS. PROVISION FOR CLAIMS PENDING DECLARATION BY INSURANCE ENTITIESAn insurance entity that calculates the provision for claims pending declaration in accordance with its authorized statistical method will be a fiscally deductible expense in the Corporate Tax if it is considered a minimum amount in accordance with the Regulations for the Management and Supervision of Private Insurance. The amount of the provision that may exceed said minimum amount would not be considered a tax-deductible expense.
141201-COMPANY WITH ASSETS MAINLY MADE UP OF DEPOSITSA company, dedicated to the leasing of properties without personnel whose assets are made up, mainly, of time deposits constituted in years in which it carried out the economic activity of real estate development and to a lesser percentage of the properties now leased, may apply the regime of a company of reduced size, as it is not considered a patrimonial company.
141200-LIMITATION ON THE DEDUCIBILITY OF FINANCIAL EXPENSES. NET FINANCIAL EXPENSES: FINANCIAL INCOME, REQUIREMENTSThe income derived from a write-off is not considered income derived from the transfer of own capital to third parties and cannot reduce the net financial expenses pending deduction.
141199-PARTIALLY EXEMPT ENTITIES. ASSOCIATION THAT CARRIES EDUCATIONAL ACTIVITYAn association, dedicated to practical learning by university students, whose income derived from social contributions and the performance of teaching activity is subject to and not exempt from Corporate Tax.