News published in INFORMA 2025

News published in INFORMA in September

It is modified to clarify that the reduction of excesses from previous years must be carried out from the first subsequent exercise where possible, in the maximum admissible amount, respecting the annual reduction limits provided for in the Personal Income Tax Law.

As a general rule, the fees paid by members to a non-profit association of which they are members are not deductible, however, exceptionally will be comparable to donations when the recipient entity falls within those indicated in the law and is carried out with spirit of liberality.

With effect from the January 1, 2025 taxpayers with full income from work derived from effective provision of services corresponding to an employment or statutory relationship less than 18,276 euros annual, provided that they do not have income other than these, excluding exempt income, exceeding 6,500 euros, can apply the new deduction for obtaining income from work.

The compensation paid by a construction company to the owner of a house adjacent to the building constructed for the removal and blocking of skylights is considered as capital gain in its entirety.

The transfer for profit of temporary usufruct over shares is presumed to be remunerated, unless proven otherwise, and said remuneration is classified as return on movable capital, valued at its normal market value.

The seized money is classified as unjustified capital gain to be integrated into the general tax base and, in the cases of marriage, it will be presumed to be joint property as long as it is not proven that the money belongs exclusively to one of the two spouses.

Dietary allowances received by displacements of the referees of the Royal Spanish Football Federation.