EU-Resident companies and the calculation of the tax base for capital gains: some news
š¢ AIDC, with Conduct Standard No. 225, clarifies the methods for calculating the taxable base for capital income, such as interest from loans, for companies and commercial entities residing in other EU member states.
According to Article 26, paragraph 5, of Presidential Decree No. 600/1973, the taxable base is determined by subtracting directly related expenses from active interest. This approach avoids discrimination and respects the principle of free provision of services, in compliance with EU directives.