Spain: Characterization of projects by Ministry of Science and Innovation are binding on tax authority
Supreme Court decisions
The Supreme Court issued three judgments in which it held that the characterization of software development projects by the Ministry of Science and Innovation as technological innovation (IT) are binding on the tax authority for purposes of determining whether expenses associated with such projects qualify for the IT deduction under the corporate income tax law.
Read an October 2024 report (Spanish) prepared by the KPMG member firm in Spain