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V3307-23 ·27 December 2023 ·consulta-vinculante Medium impact
Tax

Foreign taxes deductible only if economic activity exists abroad

The consultant asks whether foreign taxes are deductible if income does not arise from economic activity abroad. The DGT responds that only taxes not deductible under the full quota and relating to economic activities in the source state are deductible as expenses.

In 6 key points

Lifecycle

2023-12-27PublishedPublished 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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