News published in INFORMA 2022

News published in INFORMA during the month of MARCH

The income associated with compensation will be accrued in the in which the judgment recognizing the right to its collection final regardless of the due date.

A company, whose only source of income is the collection of dividends from participating companies, which has generated negative tax bases pending offset by administrative expenses, may offset the negative tax bases with 5% of the dividends received subject to taxation in accordance with the provisions of article 21.10 of the LIS .

Profits distributed to non-resident partners in Spanish territory without a permanent establishment of an entity covered by the regime of foreign securities holding entities, charged to the exempt income referred to in article 21 of the LIS that come from entities not resident in Spanish territory, will receive the treatment established in section 1.c) of article 108 of the LIS.

To the extent that the LIS does not provide for a specific treatment for the purposes of allocating income derived from an exclusive contract, the temporary allocation criterion established in the accounting standard will apply.

An item is new when it is newly made or manufactured, when it is used or put into working condition for the first time . Therefore, it will be necessary that it has not been used previously and that it is being put into operation for the first time.