The provision of representation services by an administrator for the benefit of the company he/she manages is not considered to be part of the functions inherent to his/her position and, therefore, must be duly remunerated.
Tag: Corporate Income Tax Law
Taxation of environmental investments: flexibility in deduction accreditation according to new DGT Resolution
In a recent binding resolution, the Directorate-General of Taxes (DGT) has relaxed its criteria regarding the accreditation of environmental deductions, establishing a maximum period of 15 years, even when investments were made in previously inspected fiscal years. Article 39 of the Consolidated Text of the Corporate Income Tax Law (TRLIS) (Royal Legislative Decree 4/2004, of… Continue reading Taxation of environmental investments: flexibility in deduction accreditation according to new DGT Resolution