News published in INFORMA 2018

New features introduced in the INFORMA programme during JULY

The distribution of all or part of the assumption premium, if said premium does not come from any type of reserves generated or profits not distributed by the company, the distribution, which is understood to be monetary, will not generate any income that must be included in the tax base of the limited company.

Income received by an entity in the form of legal costs must be allocated to the year in which the accrual occurred in accordance with the accounting regulations in accordance with article 10.3 of Law 27/2014 on Corporate Income Tax.

The participation of a civil company in another company that invests in real estate, in order to assume the risks and the project, as well as to obtain and distribute the profits of said investment company, means that the object of the civil company has a commercial nature and is considered a taxpayer of Corporate Tax.

Since an entity is part of a group, despite not having personnel employed in the leasing activity, but another entity in the group also carries out the leasing activity, both carry out an economic activity in terms of article 5 LIS, since the concept of economic activity will be determined taking into account all those that form part of it.