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V0189-20 ·28 January 2020 ·consulta-vinculante Medium impact
Tax

Live performance tax deduction applicable only if production risk is assumed

An audiovisual production company has enquired whether it can apply the tax deduction under Article 36.3 of the Corporate Income Tax Act for expenditure on live performances. The Directorate General for Taxes (DGT) has ruled that this is only possible if the company assumes the risk and venture of both production and exhibition, thereby excluding subcontracting or the mere rental of auditoriums.

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2020-01-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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