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V1718-24 ·11 July 2024 ·consulta-vinculante Medium impact
Tax

Rectification of tax returns required to apply R&D&i tax credits

A company inquired whether it could apply R&D&i tax credits in 2023 that were identified in 2021 but originated in 2019 and 2020, without rectifying the tax returns for those specific years. The Directorate General for Taxes (DGT) ruled that the company must request the rectification of the tax returns for the periods in which the tax credits were actually generated.

In 5 key points

How it affects those involved

Companies must ensure that R&D&i tax credits are correctly applied in the specific tax periods they relate to; failure to rectify previous tax returns prevents the application of these credits in subsequent years.

Lifecycle

2024-07-11PublishedPublished 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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