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V1244-19 ·31 May 2019 ·consulta-vinculante Medium impact
Tax

Accounting profit from invoicing requires no tax adjustments if commercial regulations are met

A company has enquired whether an early payment discount can be deducted for Corporate Tax purposes if it is not itemised on the invoice. The Directorate General for Tax (DGT) has responded that it cannot assess the preparation of the invoice and that the accounting profit remains valid for tax purposes provided it complies with accounting standards.

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2019-05-31PublishedPublished 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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