INTERNATIONAL NETWORK OF LAW AND CONSULTING FIRMS
The Accounting and Auditing Institute (hereinafter ICAC) has confirmed in a query that literally analyzes that the owners will not have to pay taxes for the income not received due to the reductions agreed in the rental contracts derived from COVID-19.
There is no doubt that the management, by the public authorities, of the crisis sanitary has caused innumerable damages to the commercial sector (both owners and tenants).
As is well known, the AEAT has its own notification regime in its relations with the companies that is developed through the so-called authorized electronic address (DEH).
We summarize the main tax measures modifications appeared in the draft of the General Budget Law of Spain in 2021.
One of the most obvious effects of the state of alarm generated by COVID-19 has been the renegotiation of current rents, and specifically the forgiveness or reduction agreed between the property and the lessee of the amounts to be paid.
