Accounting news
National
- Free transfer of real estate by a commercial entity to a local council. [+Info]
The query concerns a commercial entity that has transferred free of charge a rural property with certain buildings valued at 1.5 million euros. This entity is an own means of a City Council that only provides services to its shareholder (the City Council). The transfer is made for a period shorter than the useful life of the asset and at the end of this period the Town Council must return the asset to the transferor.
BOICAC Issue 138 / June 2024-1.
- Indemnity clause. Clarification of Consultation 4 of BOICAC 106. [+Info]
The consultant seeks clarification on BOICAC consultation 4 of BOICAC number 106 [+Info], June 2016, which establishes the criterion on the accounting treatment of the amounts received by a company as indemnity derived from an indemnity clause in relation to a sanctioning procedure.
BOICAC issue 138 / June 2024-2.
- Digital Kit Programme. [+Info]
Order ETD/1498/2021, of 29 December, approving the regulatory bases for the granting of aid for the digitalisation of small businesses, micro-enterprises and self-employed persons, within the framework of the Spain Digital Agenda 2025, the SME Digitalisation Plan 2021-2025 and the Spanish Recovery, Transformation and Resilience Plan, aims to promote the digitalisation of SMEs and the self-employed in Spain.
BOICAC Issue 138 / June 2024-3.
- Cost of greenhouse gas emissions. Royal Decree 646/2020 on waste disposal by landfill. [+Info]
On the accounting treatment of the greenhouse gas emission cost concept for compliance with the action programmes required by Royal Decree 646/2020, of 7 July, which regulates the disposal of waste by landfill.
BOICAC issue 138 / June 2024-4.
International
- The IASB (International Accounting Standards Board) has finalised technical decisions on three projects: [+Info]
- The Second Global Revision of the IFRS (International Financial Reporting Standards) Accounting Standard for SMEs project.
- The project on fee-regulated activities.
- The draft Post-implementation Review (PIR) of IFRS 15 Revenue from Customer Contracts.
Relevant queries from the Tax Agency
- Subdirectorate General for Consumption Taxes
The taxpayer is a natural person who is going to start a retail trade activity and is therefore going to acquire from a commercial entity all the assets that make up the business assets of the same and the subrogation of the workers.
The adquirer would like to know whether this acquisition is subject to Value Added Tax.
Binding consultation of the Directorate General of Taxes no. V0803-23. [+Info]
Barcelona, 6 September 2024.
