News published in INFORMA 2017Skip information index
New features introduced in the INFORMA programme during JULY139962-GROSS TAX BASE.CONSOLIDATION OF OWNERSHIP
When consolidating ownership, the capital assets will be valued at the acquisition price, without the consolidation due to extinction of the usufruct determining the results to be integrated in the profit and loss account.In this regard, the Spanish Corporation Tax Act does not establish any specificities in this area, and therefore, in accordance with article 10.3, no adjustment to the accounting result in relation to accounting entries needs to be made for tax purposes.139961-CIVIL COMPANIES.OFFSETTING NEGATIVE PERFORMANCE GENERATED IN ADVANCE
Negative income from an economic activity generated before the civil company becomes a Corporation Tax taxpayer must be offset in the registered address of the natural persons who are partners in the civil company. There is no possibility of offsetting this previously generated negative income against the IS tax base.139945-SMALL-SIZED ENTERPRISES.ARTICLE103:ACCELERATED DEPRECIATION OF INTANGIBLE FIXED ASSETS
Within the framework of intangible fixed assets, now qualified as assets with a defined useful life, a reasonable interpretation of the standard allows us to consider that an intangible fixed asset whose useful life cannot be reliably estimated, such as goodwill, can be deducted by 150% of the amount that is deductible for those established in article 12, section 2 of the Spanish Corporation Tax Act.