Effect on the income tax of the standards for the preparation of the consolidated financial statements and of the General Accounting Plan reform
DOI:
https://doi.org/10.51302/rcyt.2011.6757Abstract
This collaboration aims to outlining the most important tax consequences of the accounting reform being implemented by the Royal Decree 1159/2011 of 17 September.
Once again the close relationship between the Corporate Income Tax and Accounting Law is highlighted; this time in an area so complex as business combinations.
The article is divided into three areas: business combinations, related-party business combinations and consolidated accounts.
The article deals predominantly with taxes. Nevertheless, valuable comments can be found in this magazine´s pages with respect to accounting regulation.