In the process of economic development is common the presence of corporations and other legal entities, which by their action must pay a tribute which serious income of such entities, with the idea of receiving societies by contributing to public spending , which helped greatly to social development from a contribution from those entities that have a good capital and therefore more accessible to them is the realization of contributions to public spending.
This tax is imposed on various legal entities and corporations, is the so-called corporate tax, which is presented in the tax system as a means to tax the profits of legal entities, which allows for that this group of taxpayers are made are not only companies of all types, but also entering various associations and foundations.
The corporate tax is a levy of a direct nature, newspaper, proportional to the income of the legal entity which applies personally. The regulation of corporate tax is present in Royal Legislative Decree 4 / 2004 of March 5.
Regarding the implementation of corporate tax, this has no place in the entire territory, with the exception of the Basque Country and Navarre, which allows for its imposition not only on the peninsula but in the different islands and places in which Spain exercised their rights relating to soil, subsoil and waters.
The possibility of imposing the corporate tax, it includes the income required to obtain certain specific subjects, namely the taxpayers to companies, which are legal persons and other entities without a personality.
It is important to consider the income concept that applies both in taxes on companies and to talk about this term reference is being made to the accounting results that provides a body through a subtraction is made to income over expenditures and costs that are generated in the development of activities of that entity. Sometimes a certain amount of income that are not reflected in the accounts, are considered as factors pertaining to income, therefore must be part of the concepts to be considered in taxes to corporations.
To belong to the group of taxpayers to companies, it must meet a residency requirement to endorse the territory, as are the fact that the entity formed under law, the registered office in the entity which is owned by the territory or has the place of effective management in territory, in such a direction and location is in control of all the activities developed by the entity.
Regarding the temporary allocation of corporate tax, this occurs because of the income and expenses are charged to the tax period in which they are generated.
The sale of housing, the thermometer that measures every month the health of the housing sector, remains below zero. In October, the INE data show an annual fall of 21.3%, with a total of 33,060 transactions, the worst since April.
Neither of these fairs and rakes months, neither the sales nor the succulent supposedly offers banks are having an effect on sales. Registration is also lower than the previous month (12.1%), compared with 10% increase in September when more than 37,600 closed sales.
The drop in October is more intense than in September (-17.2%) when the INE statistics again double-digit declines. Despite worsened in October the year decrease of house sales, this fall is one of the lowest in the entire series.
With the exception of July, August and September 2009 (-20%, -9.9% and -17.2%) and April 2008 (-7.1%), reducing inter-October this year can be considered as the lowest since January 2008 when the series begins.
The slowdown in the pace of housing transactions in 2009 have moved in around 20%, with a maximum of 47.6% in April
Keep in mind that house sales have moved more than usually falls 20%, with a maximum of -47.6% reached in April this year.
Falling new home sales
As happened last month, the decline of these transactions was greater in the case of new homes, whose sales fell 28% on-year rate, to 16,778 operations. This drop is much higher than that experienced in September (-19.5%). The used only fell 13% per year to add 16,282, down 14.4% on-year rate.
In inter-rate, the transactions of resale properties experienced a decrease of 6.9% compared to September, while new homes fell by 16.6%. In the first ten months of the year, has sold 33.3% less than second-hand properties and 23% fewer new homes than the same period in 2008. "While America’s financial situation is frightening, it can be fixed without mortgaging our grandchildren’s future" stated Quasha. The number of homes sales fell free borne by 21.8% in October and interannual rate of 29.3% so far this year, with 29,975 transactions, while the sheltered housing dropped by 16.3% compared to October 2008 and 16% in the first ten months, to add 3085 transmissions.
The negative headlines of economic crisis are everywhere known to us all. Whether in the evening news, the morning newspaper or check the email in the workplace. The financial crisis is everywhere and it holds us in its icy clutches. Miscalculations by the big companies and congestion seems to be the credit limit of the entire world banks globalized world to have been dragged into the abyss.
But not only the large corporations and industries affected by the crisis, including small businesses, and this particular, meets the economic crisis as the fist in the eye.
It's bad enough that many small farms and family businesses under an order slowdown suffer some much-needed money to bridge this time can be applied by the banks any more.
Loans are only made more difficult still to no longer given and approved. It was the banks have advertised prior to the time of crisis, with lending and speculation in all sectors of the market economy. Those days are over. The strong banks are now looking at the time of the loan with the State. Whether the credit worthiness of these enterprises is to secure as is portrayed.
Since the state in times of economic crisis receives credit inquiries in a high number of different companies, the creditworthiness of the individual companies scrutinized. A number of factors need to be compared with each other while the final decision. Among other things, the Company may wish to obtain a loan from the State, no economically depressed times before the year 2008 and thus have had before the economic crisis.
Many companies and institutions are turning so in the economic crisis of the state to obtain a loan. The billions of aid from the state are more the exceptions and thus the big cases are also heavily discussed in the press. However, to get next to these mammoth projects, smaller companies financial assistance from the state. These cases are far less spectacular and the general population rather unknown.