New features published in INFORMA 2019

New features introduced in the INFORMA programme during NOVEMBER

If a company resident in the United Kingdom holds 70% of a new creation entity, both will be considered a group under Article 42 of the Commercial Code, which is why the latter will not be able to apply the reduced rate.

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

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

In the case of property leasing, it will be understood that there is economic activity, only when at least one person employed with employment contract and full-time contract, this requirement shall not be understood to be met by having two or more workers with a part-time employment contract.