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Extra-accounting adjustment: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Stable position High confidence 44 rulings · 2014–2026

Current position

Extra-accounting adjustments are applied to correct the difference between the accounting result and the taxable base of Corporate Tax (IS). Positive adjustments must be made for non-deductible expenses, such as surcharges for late filing, or negative adjustments to exclude income that has no tax relevance. In valuation operations, such as legacies, the market value must be included in the taxable base regardless of its accounting record in equity.

The DGT's position remains constant in the application of adjustments to neutralize accounting effects without tax impact. No change in doctrine is observed, but rather an application of the concept of extra-accounting adjustment to various specific situations: from the correction of non-deductible expenses to the valuation of legacy operations or the neutralization of income from the reversal of impairments.

Turning points

  1. V3279-14

    Establishes that credits to reserves to correct non-deductible expenses from previous years must not be included in the taxable base.

  2. V0064-17

    Determines the need for a negative extra-accounting adjustment when the capital gain on a property must be attributed for tax purposes to a natural person and not to the entity.

  3. V0767-26

    Specifies that assets received by legacy must be included in the taxable base at their market value, even if they are recorded in equity for accounting purposes.

Analysis based on 36 of 44 rulings with a stated position. Updated 23 September 2026.

Rulings on this topic

24
V0302-26 12 Feb 2026

Loss of value in shares not deductible if LIS article 21 exemption conditions met

SG de Impuestos sobre las Personas Jurídicas
deterioro de valorexención de dividendosparticipación en el capitalajuste extracontableentidad no residente LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 15.k
Affects CompanyExpat · Non-residentIndividual
V1560-23 6 Jun 2023

Enterprise collaboration agreements: expenditure recognised on commitment

SG de Impuestos sobre las Personas Jurídicas
convenio de colaboración empresarialmecenazgogasto deducibleajuste extracontableentidad sin fines lucrativos Ley 49/2002LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 15.e
Affects CompanyExpat · Non-residentIndividual
V2434-22 24 Nov 2022

Losses from share deterioration not deductible if exemption criteria met

SG de Impuestos sobre las Personas Jurídicas
deterioro de valoresrentas negativasexención de dividendostransmisión de participacionesextinción de sociedad LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11.3
Affects CompanyExpat · Non-residentIndividual
V2800-20 14 Sept 2020

Dividends from share sales may be exempt if the entity is not a patrimonial company

SG de Impuestos sobre las Personas Jurídicas
exención de participacionesentidad patrimonialactividad económicaajuste extracontabledividendos LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 5.1LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 5.2
Affects CompanyExpat · Non-residentIndividual

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