Post by joita973 on Feb 12, 2024 8:26:30 GMT
The to the Applicant the loan taken out is undoubtedly related to her business activity. The address of the premises will be the address of the Applicants company in the part of the premises intended for business activities it will conduct broadly understood operational activities consisting primarily in the implementation of training projects for institutional clients. According to the Applicant the above thesis is also supported by the fact that the abovementioned part of the premises will be entered into the register of fixed assets of the Applicant which will undoubtedly be related to the business activity conducted by it.
At the same time due to the fact that interest on the mortgage loan will be paid in the Cape Verde Email List course of running a business after entering part of the premises into the register of fixed assets the Applicants position is justified that the interest paid in the part relating to the use of the premises in running a business will constitute an expense. obtaining revenues. The Head of the Tax Office expressed a similar opinion on this issue in a letter of April and the Head of the First Tax Office in a letter of May . In the light of the applicable legal status the Applicants position on the legal assessment of the presented future event is considered correct.
Pursuant to Art. section of the Act of July on personal income tax consolidated text Journal of Laws of No. item as amended tax deductible costs are costs incurred in order to obtain revenue or to maintain or secure sources of revenue except for the costs mentioned in Art. . In the abovementioned provision the legislator does not specify in detail which categories of expenses may . It only indicates that for a specific expense to be recognized as a taxdeductible cost must be in a cause and effect relationship with the revenues generated or serve to maintain.
At the same time due to the fact that interest on the mortgage loan will be paid in the Cape Verde Email List course of running a business after entering part of the premises into the register of fixed assets the Applicants position is justified that the interest paid in the part relating to the use of the premises in running a business will constitute an expense. obtaining revenues. The Head of the Tax Office expressed a similar opinion on this issue in a letter of April and the Head of the First Tax Office in a letter of May . In the light of the applicable legal status the Applicants position on the legal assessment of the presented future event is considered correct.
Pursuant to Art. section of the Act of July on personal income tax consolidated text Journal of Laws of No. item as amended tax deductible costs are costs incurred in order to obtain revenue or to maintain or secure sources of revenue except for the costs mentioned in Art. . In the abovementioned provision the legislator does not specify in detail which categories of expenses may . It only indicates that for a specific expense to be recognized as a taxdeductible cost must be in a cause and effect relationship with the revenues generated or serve to maintain.