Tax Advisor: The Supreme Court allows corporate income tax deductions for the remuneration of directors and sole shareholder, without the need for approval by the general meeting of shareholders

The Supreme Court rules that the remuneration of directors in a commercial entity, ascertained and provided for in the articles of association of the company, is not considered a non-deductible liberality, even if it was not approved by the general meeting of shareholders. In the case of a sole proprietorship, approval by the general meeting… Continue reading Tax Advisor: The Supreme Court allows corporate income tax deductions for the remuneration of directors and sole shareholder, without the need for approval by the general meeting of shareholders