What are non-current assets held for sale?
Jesus Raya
Non-current assets In the course of a company's economic activity, it may be the case that the company decides to put... Read more
Financial News
At what point is it appropriate to establish a company in the development of an activity?
Jesus Raya
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.
Complementary and corrective statements:
Jesus Raya
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.
Conflicts in the application of tax regulations:
Jesus Raya
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.
Real ownership in the annual accounts
Jesus Raya
Beneficial Ownership Identification of the beneficial owner has become one of the most important due diligence that subjects must carry out… Read more
What is the VAT pro rata rule?
Jesus Raya
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
Taxation on the sale of renovated storage rooms in commercial premises
Jesus Raya
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 in the accounting field and its prevention
Jesus Raya
Money Laundering Money laundering is a financial crime that involves the process of converting illegal profits or funds from illicit activities… Read more
News to take into account for Corporate Tax
Jesus Raya
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.
Loss due to accident, what should be taken into account in accounting to carry out its withdrawal?
Jesus Raya
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?
"Business or professional activities", from the point of view of VAT and Personal Income Tax
Jesus Raya
From a tax point of view, the concept of "business or professional activities" is regulated in some of the different tax regulations... Read more
Franchise contracts as intangible assets
Jesus Raya Zamora
The PGC defines intangible assets as the non-monetary asset of the company without physical appearance, but that has an economic and monetary valuation. Thus, we can find administrative concessions, goodwill, the right of transfer which we have already had the opportunity to analyze in our blog, computer applications, etc. Another accounting aspect that we can find included within this asset element of the company is the franchise contract. Let's look at your setup from an accounting aspect.
