News published in INFORMA 2024

New items published in the INFORMA programme during November

Accelerated depreciation constitutes an option for taxpayer , which must be exercised within the regulatory declaration period , and not in relation to tax periods for which said period has already elapsed.

The free delivery of tickets in favor of any of the entities provided for in article 16 of Law 49/2002, of December 23, would not generate the right to apply the deduction provided for in article 20 of the aforementioned Law.

A political party will always be obliged to present and sign a declaration for the IS in relation to all of its income, both exempt and non-exempt, in accordance with the provisions of article 124.3 LIS.

In the event of partial non-compliance with the requirement of maintaining the increase in equity, the adjustment of the reduction applied to the tax base of previous years must also be partial, that is, in the proportion corresponding to the non-compliance that occurred .

To calculate the basis of the deduction, provided for in article 36.2 of the LIS, and the amount of the aforementioned deduction, as well as its maximum amount, the cost of each episode will be taken into account , while for the purposes of calculating the limits provided for in article 45 of the RIS, the total cost of each full season of the series will be taken into account.

As a general rule, the deduction will be applied in the tax period in which the production of the foreign work ends, said moment is set when the executive production in Spain ends.