News published in INFORMA 2018

New features introduced in the INFORMA programme during MARCH

When the amount of grants received to fund a research project exceeds the amount of expenses incurred from such, the deduction base will be zero, and thus there will be no right to apply the deduction. The foregoing is applicable regardless of whether the quantity paid from recognised grants is less than the amount of expenses effectively incurred in any of the fiscal years in which the project takes place.

The negative gross tax bases generated by the acquired company, in a merger through absorption, cannot be compensated by the absorbing company, in the case that the special regime outlined in chapter VII of section VII of the Spanish Corporation Tax Act is not applicable.