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V2049-24 ·25 September 2024 ·consulta-vinculante Medium impact
Tax

Cash-based incentive plan expenses deductible in the year provision is made

A company asks whether the expense of a multi-year incentive plan, based on share value and payable in cash, is deductible in the accounting period it is recorded. The DGT responds that although the accounting charge must be allocated over the service period, the expense is deductible for tax purposes in the period when the provision is made or when the expense is applied to its purpose.

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2024-09-25PublishedPublished 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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