News published in INFORMA 2019

New features introduced in the INFORMA programme during NOVEMBER

If a UK resident entity owns 70% of a newly created entity, both will be considered a group under section 42 of the Commercial Code, so the latter will not be able to apply the reduced rate.

In the event of a modification of the tax period, the reduced rate will be applied exclusively to the first tax period in which the tax base is positive and to the following one, regardless of the duration of these.

The maximum linear coefficient and period established for the concept Warehouses and deposits (gaseous, liquid and solid) is the one that best fits the nature of a logistics center.

In the leasing of real estate, it will be understood that there is economic activity only when at least one person with a full-time employment contract is used for its management. This requirement will not be understood to be met by the fact of having two or more workers with part-time employment contracts.