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V4777-16 ·10 November 2016 ·consulta-vinculante Medium impact
Tax

Remuneration for commercial agent duties performed by a director is deductible for Corporation Tax under certain conditions

A single-member company has requested clarification on whether the monthly remuneration paid to its director for commercial agent duties is deductible. The Directorate General for Taxes (DGT) has ruled that it is deductible, provided that the requirements for accounting registration, accrual, correlation between income and expenditure, and documentary justification are met.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment of payments made to directors for specific commercial roles, emphasizing the need for strict adherence to accounting and documentation standards to ensure deductibility.

Lifecycle

2016-11-10PublishedPublished 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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