Skip to content
V1189-20 ·30 April 2020 ·consulta-vinculante Medium impact
Tax

Corporate Income Tax: Out-of-period extra-accounting adjustments for previous years are not permitted

A company made an error in 2008 by failing to make an extra-accounting adjustment to its Corporate Income Tax taxable base. The query asks whether this adjustment could be made in the 2016 financial year to correct the error.

In 6 key points

How it affects those involved

This ruling clarifies that tax adjustments relating to previous financial years cannot be applied to a subsequent year's tax return through extra-accounting methods, limiting the ability to correct past errors in current filings.

Lifecycle

2020-04-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact