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V0569-15 12 February 2015 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IVA · aplazamiento

Cannot change declaration frequency, only debt deferment possible

A temporary employment company asks whether it can submit models 111, 115, 303 and 340 with quarterly or longer-than-monthly frequency to improve cash flow. The DGT states that regulations cover debt deferment and installment payment, but not the change of declaration frequency.

The question raised

Is it possible to file the aforementioned returns with quarterly frequency or with a frequency greater than one month?

The DGT's ruling

The inquiry does not address the possibility of changing the frequency of tax return filings. However, the regulations allow for the request of deferral or installment payments of tax debts when the economic and financial situation prevents payment within the established deadlines. Withholding or payment on account obligations are only deferrable in the cases provided for in Article 82.2.b) of the General Tax Law, when the execution of assets could affect the viability of the economic activity.

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