## [Tax Newsletter - November 2016](/en_GB/new/tax-newsletter-november-2016) # Tax Newsletter - November 2016 11 / 30 / 2016 - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/tax-newsletter-november-2016) - []() - []() [Download Tax Newsletter - November 2016 ![Download](/sites/default/files/inline-images/flecha-abajo.png)](/sites/default/files/noticias/files/tax-newsletter-november-2016.pdf) Previous Next ![](/sites/default/files/noticias/img/cabecera_tax_noviembre_0.jpg) November newsletter prepared by professionals from the Tax Department. **Case Law** - 1.1 Corporate income tax.- Late-payment interest is deductible under the current LIS also (Aragon High Court. Judgment of July 20, 2016) - 1.2 Corporate income tax.- Federative rights may be transferred and assigned to individuals and legal entities other than sport entities (National Appellate Court. Judgment of July 12, 2016) - 1.3 Personal Income Tax. Maternity benefit paid by the social security authorities is exempt (Madrid High Court. Judgment of July 6, 2016) - 1.4 VAT.- The right to a deduction of VAT cannot be disallowed simply because the invoice has formal defects (Court of Justice of the European Union. Judgment of September 15, 2016 on Barlis 06 case C-516/14) - 1.5 Inheritance and Gift Tax.- Unregistered de facto partners can enjoy the benefits provided in the Inheritance and Gift Tax law for married partners (Madrid High Court. Judgment of May 12, 2012) - 1.6 Audit procedure.- The correction to tax must be complete even if it benefits the taxable person (National Appellate Court. Judgment of June 16, 2016) - 1.7 Penalty procedure.- The grounds for the penalty cannot be based on the personal circumstances of the infringing person (Supreme Court. Judgment of October 26, 2016) - 1.8 Review procedure.- Judgments cannot be produced in a court proceeding after the conclusions stage (Supreme Court. Judgment of October 24, 2016) **Judgments and rulings** - 2.1 Corporate income tax.- Change of the fiscal year in a consolidated tax group (Directorate General for Taxes. Ruling V3917-16, of September 15, 2016) - 2.2 Corporate income tax.- A provision for bonuses is deductible when their payment occurs (Directorate General for Taxes. Ruling V3908-16, September 15, 2016) - 2.3 Corporate income tax.- Tax on an indemnity clause in connection with a business combination (Directorate General for Taxes. Ruling V3872-16, of September 13, 2016) - 2.4 Corporate income tax.- A silent investment agreement (contrato de cuentas en participación) is not a corporate income tax payer (Directorate General for Taxes. Ruling V3861-16, of September 13, 2016 - 2.5 Corporate income tax.- A selective distribution is not allowable under the tax neutrality regime (Directorate General for Taxes. Ruling V3843-16, of September 12, 2016) - 2.6 Corporate income tax, personal income tax and nonresident income tax.- Taxation and withholdings in connection with a capital reduction through redemption of shares (Directorate General for Taxes. Ruling V3840-16, of September 12, 2016) - 2.7 Corporate income tax.- Partially claiming the exemption for dividends and capital gains where the indirect ownership interest is below 5% (Directorate General for Taxes. Ruling V3830-16, of September 12) - 2.8 Collection procedure.- An enforced collection interlocutory order issued after failure to admit the stay for consideration is valid even if its non-admission had been challenged (Central Economic-Administrative Tribunal. Decision of October 27, 2016) - 2.9 Collection procedure.- Attachment procedures on payments into the debtor’s account from the use of POS terminals or data phones are lawful (Central Economic-Administrative Tribunal. Decision of October 27, 2016) - 2.10 Review procedure.- A judgment rendering an assessment void renders invalid any penalty imposed, even if it has become nonappealable (Central Economic-Administrative Tribunal. Decision of October 20, 2016) - 2.11 Penalty procedure.- The facts and legal grounds on which the existence of fault is founded must be recorded in the penalty proceeding and penalty decision (Central Economic-Administrative Tribunal. Decision - of September 8, 2016) **Legislation** - 3.1 Form 289, annual information return on financial accounts in the field of mutual assistance - 3.2 Minimum prepayment for taxpayers that apply the RIC, the special regime for producers of tangible goods, the ZEC and the tax reduction for income obtained in Ceuta or Melilla **Miscellaneous** - 4.1 Subscription to the notification alert service ### Contacts ![Eduardo Abad Valdenebro - Garrigues](/sites/default/files/styles/medium/public/team/photo/Eduardo_Abad_Valdenebro_en_20260611.jpg?itok=XJmuqiG8) [Eduardo Abad](/en_GB/team/eduardo-abad-valdenebro) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) ![Foto del socio](/sites/default/files/styles/medium/public/team/photo/abigail_blanco_vazquez_en_20230601.jpg?itok=CLrUmt_-) [Abigail Blanco](/en_GB/team/abigail-blanco-vazquez) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Tax ](/en_GB/services/tax) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1417) - [Automotive](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1419) - [Banking and Finance](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1443) - [Corporate and M&A](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1441) - [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A12823) - [Criminal Law and Internal Investigations](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1434) - [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10913) - [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1412) - [Energy](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10916) - [EU and Antitrust Law](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1416) - [Family Business](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1413) - [Fashion Law](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1435) - [Financial Regulation](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10915) - [G-advisory](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A12821) - [Human Capital Services](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1431) - [Infrastructure](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10914) - [Insurance](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1438) - [Intellectual Property](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1421) - [Labor and Employment](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1424) - [Life Sciences and Healthcare](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1429) - [Media and Entertainment](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1433) - [Planning, Zoning and Environment](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1444) - [Private Equity](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1439) - [Real Estate](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10927) - [Restructuring and Insolvency](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1420) - [Securities Markets](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1442) - [Sports](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1430) - [Startups & Open innovation](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1426) - [Sustainability](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A10921) - [Tax](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1425) - [Technology, Communications and Digital](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1436) - [Tourism and Hotels](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1432) - [Transport, Logistics and Shipping](/en_GB/markdownify/node/4960?f%5B0%5D=service%3A1428) Facet Services detail - [Publications](/en_GB/markdownify/node/4960?f%5B0%5D=publication_type%3A794) - [Newsletters](/en_GB/markdownify/node/4960?f%5B0%5D=publication_type%3A107) - [Garrigues collection](/en_GB/markdownify/node/4960?f%5B0%5D=publication_type%3A101) - [Laws: amendments at a glance](/en_GB/markdownify/node/4960?f%5B0%5D=publication_type%3A104) - [News](/en_GB/markdownify/node/4960?f%5B0%5D=publication_type%3A105) Facet Publication type detail Min Max ## News search engine