THE SUPREME COURT ANALYZES THE EFFECTS OF THE CONSTITUTIONAL COURT RULING 11/2024, WHICH DECLARED THE UNCONSTITUTIONALITY OF THE TRANSITIONAL REGIME APPLICABLE TO IMPAIRMENT LOSSES ON SECURITIES REPRESENTING PARTICIPATION IN THE CAPITAL OR EQUITY OF ENTITIES.
PERSONAL INCOME TAX. - THE 60% REDUCTION IS APPLICABLE TO HOMES RENTED ON A SEASONAL BASIS.
According to the Court, in order to apply the reduction it is only necessary that the property is used as a dwelling.
PERSONAL INCOME TAX. - THE TEAC UNIFIES THE CRITERION IN THE DEDUCTION FOR INVESTMENT IN HABITUAL RESIDENCE.
On April 22nd the Central Economic Administrative Court issued a resolution to unify the criteria regarding the possibility of applying the deduction for investment in habitual residence in the years prior to periods after 2012.
IRPF. - THE SUPREME COURT CONCLUDES THAT LOSSES CANNOT BE COMPUTED IN LUCRATIVE TRANSFERS BY INTER VIVOS ACTS.
This is so established in its ruling of April 12, 2024.
PERSONAL INCOME TAX. - SPECIFIC RULES FOR THE VALUATION OF CAPITAL GAINS/LOSSES IN CONCURRENCE WITH RELATED TRANSACTIONS.
Resolution of the TEAC, dated 27-05-2024, RG 8931/2021.
PERSONAL INCOME TAX. - CLARIFICATION OF SEVERAL DOUBTS ON THE LIMITS FOR CONTRIBUTIONS TO PENSION PLANS.
General Directorate of Taxes. Consultation V0238-24, dated February 29, 2024.
ITP Y AJD. - THE EXTINCTION OF CONDOMINIUMS WILL BE SUBJECT, IN GENERAL, TO AJD AND NOT TO TPO.
Supreme Court. Rulings of April 26, 2024 and April 30, 2024.
High Court of Justice of Andalusia. Ruling of April 13, 2023.
VAT. - NEW LOWERING OF THE TAX RATE IN 2024.
As from July 1, 2024, VAT will not be applied to olive oil.
MODIFICATION OF THE DEADLINE FOR PAYMENT IN VOLUNTARY PERIOD OF THE IAE RECEIPTS 2024 FOR NATIONAL AND PROVINCIAL QUOTAS.
The deadline for payment in voluntary period of the IAE receipts for the fiscal year 2024 for national and provincial quotas is from September 16 to November 20, 2024.
PROVISIONS PUBLISHED DURING THE MONTH OF JUNE 2024
TAX CALENDAR FOR THE MONTH OF JULY 2024
TAX CALENDAR FOR THE MONTH OF AUGUST 2024