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V0193-20 ·28 January 2020 ·consulta-vinculante Medium impact
Tax

Form 583: Tax base must be reduced by electricity amounts from the final quarter of 2018

A company has enquired whether the tax base field in Form 583 for the 2018 financial year should be recorded as zero or as the total from the first three quarters. The Directorate General for Taxes (DGT) has ruled that the total amount for the tax period must be included, reduced by the amounts relating to the final calendar quarter.

In 6 key points

How it affects those involved

This ruling clarifies the correct method for calculating the tax base in Form 583, ensuring that electricity-related deductions for the final quarter are properly accounted for.

Lifecycle

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

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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