News published in INFORMA 2021
Skip information indexNew features introduced in the INFORMA programme during MARCH
143023-DEDUCTIBLE EXPENSES. DEDUCTION FOR INTERNATIONAL DOUBLE TAXATION. DEDUCTIBLE EXPENSE TAX PAID ABROADArticle 31.2 of the LIS establishes the consideration of deductible expense as the part of the amount of tax paid abroad that is not subject to deduction in the full amount, provided that it corresponds to the performance of economic activities abroad.
143025-SPECIAL REGIME FOR FISCAL CONSOLIDATION. CHANGE OF NON-RESIDENT DOMAIN ENTITYThe tax consolidation group does not expire as a result of the change of the non-resident parent company for another non-resident entity, provided that all subsidiaries continue to form part of the group.
143027- SPECIAL REGIME OF TAX INCENTIVES FOR SMALL-SIZED ENTITIES. FREEDOM OF AMORTIZATION: TERMFreedom of amortization is an option whose exercise is subject to the provisions of art. 119.3 of Law 58/2003 and can only be exercised within the period for filing the IS declaration.
143029-PARTIAL PAYMENTS, COMPLEMENTARY PARTIAL PAYMENT MODALITY 40.2 LIS SECOND PARTIAL PAYMENT 2020A company that in November 2020 submits a supplementary self-assessment for the 2019 Corporate Tax, resulting in an amount to be paid higher than that of the self-assessment submitted on time, must submit a supplementary self-assessment for the second split payment, if it was made using the 40.2 LIS method, of the 2020 Corporate Tax, adjusting to the new tax base.