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V0082-21 ·22 January 2021 ·consulta-vinculante Medium impact
Tax

COVID-19 activity suspension days excluded from Q4 2020 instalment payment calculations

A query was raised regarding the calculation of the fourth quarter 2020 instalment payment for activities under the objective estimation regime. The Directorate General for Taxes (DGT) clarifies that days of suspension due to pandemic measures must not be counted as business days and that specific reductions must be applied instead of the general one.

In 6 key points

How it affects those involved

This clarification affects taxpayers under the objective estimation regime, ensuring that periods of mandatory suspension are not penalised in the calculation of net income for tax instalments.

Lifecycle

2021-01-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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