Category: Corporate income tax
The Supreme Court opens the door to the deductibility of expenses accrued in prescribed fiscal years
06/04/2024
In a recent ruling, the Supreme Court has clarified that the legal impossibility of deducting expenses accrued in previous fiscal years, when this would result in lower taxation compared to what would have corresponded in the year of accrual, cannot automatically prevent the deduction of expenses from prescribed fiscal years. One of the issues that […]
Time of imputation of refunds of taxes declared unconstitutional
04/09/2024
The Constitutional Court has been limiting the temporal effects of the unconstitutionality of tax rules, in the case of non-consolidated situations, to the date on which the corresponding ruling is handed down, with an expansive interpretation of this concept of “non-consolidated situation”. We review what these limitations consist of and how to allocate any refunds […]