
Consequences of the revoked NIF in registry access
On 18th September 2024, the General Directorate of Legal Certainty and Public Faith, addressed an appeal against the qualification of the Property Registrar of Huelva
In the ruling of 13 March 2024, STS 1622/2024, the Supreme Court considers that the so-called binding theory -i.e., that the condition of director absorbs any other employment relationship for all purposes- cannot be applied in the field of taxation to reclassify an expense for directors’ remuneration as a non-deductible gratuitous benefit.
In the present case, the remuneration was paid to three individuals who were both senior executives and directors of the company. In addition, the articles of association of the company did not provide for the remunerated nature of the role of director.
In this sense, the remuneration paid to the directors cannot be classified as a donation or liberality under article 14.1.e) of the TRLIS -currently article 15.e) of Law 27/2014 of the Corporate Income Tax (IS)-, but rather they are remunerations, onerous, which, as soon as they have been accredited and accounted for, must be considered deductible expenses. Likewise, the absence of a statutory provision of the remuneration does not per se make the expense lose its status as deductible.
The deductibility of the expense for the remuneration received will depend, beyond the lack of mention in the articles of association, on the fulfillment of the following conditions: (i) accounting registration, (ii) allocation on an accrual basis, and (iii) documentary justification, as emphasized, among others, in the STS 214/2024 of 18 January 18 2024.
On 18th September 2024, the General Directorate of Legal Certainty and Public Faith, addressed an appeal against the qualification of the Property Registrar of Huelva
Judgment no. 311/2024 of the Madrid Provincial Court of 4 October 2024 analyses the requirements of article 249.3 of the LSC on the appointment of
The Ruling of the Provincial Court of Valencia, of September 24, 2024, no. 162/2024 is generally in favor of the broad admissibility of the challenge