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V3109-16 ·5 July 2016 ·consulta-vinculante Medium impact
Tax

Foreign retention excess not deductible in corporate tax base

A company asked whether it could recover in Peru an excess of a 30% retention or deduct it in its Spanish corporate tax base. The DGT responds that only the lower of two amounts can be deducted, and any excess is not deductible in the tax base.

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2016-07-05PublishedPublished 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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