The Supreme Court Ruling, of March 30th, 2021, appeal no. 3454/2019, determined that booked expenses are not deductible if they constitute donations or liberalities. However, accounted expenses incurred for public relations with customers or suppliers, those incurred to promote the sale of goods or services, those that respond to the same business structure and are… Continue reading Tax advisor: When is a marketing expense on promotion considered not to be a liberality in terms of Corporate Tax?
Tag: liquidación
Tax advisor: Does the exclusion of the computation of the period between March 14 and June 1, 2020 automatically operate to determine the maximum duration of the different tax proceedings?
In the situation that emerges from the Supreme Court Order, of March 22nd, 2023, the heirs of a deceased person filed and contentious-administrative appeal against the exclusion of the period between March 14 and June 1, 2020 from the maximum duration of the limited verification procedure. They argued that the tax administration should have justified… Continue reading Tax advisor: Does the exclusion of the computation of the period between March 14 and June 1, 2020 automatically operate to determine the maximum duration of the different tax proceedings?
Tax advisor: Can the assessment issued in an inspection procedure that was based on the same data and evidence used in a limited verification process already expired be annulled?
The Superior Court of Justice of Madrid has ruled on the issue in question. It examines the consequence of a limited verification procedure that expired without an express declaration of expiration. The objective is to determine whether the State Tax Inspectorate was authorized to carry out verification and investigation actions in relation to the 2014… Continue reading Tax advisor: Can the assessment issued in an inspection procedure that was based on the same data and evidence used in a limited verification process already expired be annulled?