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The PSOE has presented a legislative amendment aimed at modifying the Corporate Tax Law<\/strong> to restore limits on the offsetting of negative taxable bases and deductions for international double taxation, declared null by the Constitutional Court in January 2024.<\/p>\n This proposed measure would affect the fiscal year 2024<\/strong>, adjusting the limits on the offsetting of taxable bases to 50%<\/strong> for entities with turnover exceeding 20 million euros<\/strong>, and to 25%<\/strong> for those exceeding 60 million euros<\/strong>.<\/p>\n On the other hand, the deduction for international double taxation would be limited to 50%<\/strong> for companies with turnover exceeding 20 million euros<\/strong>.<\/p>\n The amendment also contemplates extending until 2024 the measure that restricts the inclusion of 50%<\/strong> of negative individual taxable bases in the declaration of business groups taxed under the fiscal consolidation regime, with gradual integration in subsequent years.<\/p>\n Likewise, it seeks to reintegrate fiscally deductible impairments of participations, affecting those pending reversal since before 2013, in the first tax period beginning after January 2024.<\/p>\n With this amendment, the aim is to counteract the effects of the nullity declaration by the Constitutional Court<\/strong> in its judgment of January 18, 2024, regarding the same measures approved in 2016 and which lost their validity as a consequence of the mentioned judgment.<\/p>\n