Last week, part of the PKF Attest tax team participated in two key meetings in the Basque Country: the Basque Economists Association and CEBEK. In these conferences, the speakers were Andrea Gancedo Martínez, tax advisor of PKF Attest, and Ignacio López Tamayo, partner of PKF Attest, who shared with professionals and companies the opportunities offered by the tax incentives in force in Bizkaia, as well as their correct practical application.
Keys to optimize taxation
During the conference, our team shared the keys to optimize taxation through deductions and tax benefits available under the Corporate Income Tax. Among the topics addressed, incentives linked to strategic projects such as audiovisual productions, live shows and other cultural initiatives were highlighted, which allow companies and professionals to invest in culture and, at the same time, obtain important tax deductions.
Benefits for entrepreneurs and professionals outside the cultural sector
These incentives are not limited to producers or promoters in the cultural sector. Thanks to current regulations, entrepreneurs and professionals who do not belong to this field can access significant deductions, generating an attractive tax return with sufficient legal certainty. For example, through financing contracts, it is possible for a company or individual earning income from economic activities to finance cultural projects and recover part of their investment through deductions, with a gross return of up to 20% in short periods.
PKF Attest 's commitment to fiscal knowledge
Our participation in these meetings reflects PKF Attest's commitment to bring tax knowledge closer to companies and professionals, providing clarity on the regulations and the opportunities offered by these instruments to optimize taxation. In addition, we provide our clients with a broad portfolio of solvent cultural projects seeking financing, accompanying the investment with comprehensive advice that ensures compliance with all formal and tax requirements.
Promoting investment and culture in the Basque Country
With this conference, we reinforce our objective of helping companies to take full advantage of tax incentives, promoting investment, innovation and cultural development in the Basque Country.
Receive all the information about these tax incentives in our tax newsletter. You can also leave your details and our team will contact you.
