Administrative, Financial and Accounting Management

The taxpayers, in the exercise of their tax contribution in the de facto case, must apply the tax rules to specify their fiscal impact; Although the taxpayer can try to find the most favorable alternative for greater tax efficiency within reason, there may be mechanisms that are too laborious or artificial that lead to a conflict in the application of the tax rule. 

The taxpayers, in the exercise of their tax contribution in the de facto case, must apply the tax rules to specify their fiscal impact; Although the taxpayer can try to find the most favorable alternative for greater tax efficiency within reason, there may be mechanisms that are too laborious or artificial that lead to a conflict in the application of the tax rule. 

The taxpayers, in the exercise of their tax contribution in the de facto case, must apply the tax rules to specify their fiscal impact; Although the taxpayer can try to find the most favorable alternative for greater tax efficiency within reason, there may be mechanisms that are too laborious or artificial that lead to a conflict in the application of the tax rule. 

Beneficial Ownership Identification of the beneficial owner has become one of the most important due diligence that subjects must carry out… Read more

VAT pro rata rule As we know, VAT is a tax that allows the deductibility of the contributions paid by those economic agents who... Read more

Recently, the General Directorate of Taxes (DGT) has issued a new Binding Consultation, V-0419-23 on taxation for the sale of a renovated storage room… Read more

Money Laundering Money laundering is a financial crime that involves the process of converting illegal profits or funds from illicit activities… Read more

The Tax Agency, in INFORMA, publishes monthly those news that may be of interest in relation to the settlement of Corporate Tax, from a practical and regulatory point of view. We are going to analyze some of them that have been published with effect for the years beginning on January 1, 2023.

Sometimes, companies may suffer some type of catastrophe affecting the assets that comprise it, directly affecting tangible assets. These incidents may be due to natural causes, fires, accidents, electrical failures, theft, etc. Therefore, what must be taken into account in accounting to write off an asset due to an accident?

From a tax point of view, the concept of "business or professional activities" is regulated in some of the different tax regulations... Read more