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V4349-16 ·10 October 2016 ·consulta-vinculante Medium impact
Tax

Capitalisation reserve reduction may apply even if formal allocation occurs after the end of the financial year

The query examines whether a reduction in the tax base via a capitalisation reserve can be applied if the formal allocation of the reserve is made during the period for approving annual accounts, even if it does not appear on the balance sheet at year-end. The DGT rules that formal compliance is satisfied if the reclassification is carried out within the prescribed commercial timeframe.

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2016-10-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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