Frequently asked questions about the temporary energy tax

No.

In accordance with the provisions of article 1, section 7 of Law 38/2022, of December 27, the amount of the benefit and its advance payment will NOT be considered tax-deductible expenses for the purposes of determining the taxable base of Corporate Income Tax.

Law 38/2022, of December 27, establishes regarding this issue in article 1, section 8, that the amount of the benefit and its advance payment will NOT be subject to direct or indirect economic repercussions.

Failure to comply with the obligation referred to in the previous paragraph will be considered a very serious infringement and will be punishable by a proportional monetary fine of 150 percent of the amount charged.

This infringement will not be tax-related and will be subject to the general administrative sanctioning regime.

The administrative review of the acts relating to the benefit will be carried out in accordance with the provisions of Title V of Law 58/2003, of December 17, General Tax Law.