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V0201-19 ·30 January 2019 ·consulta-vinculante Medium impact
FISCAL

Income from sports sponsorship classified as professional activity earnings

A professional motorcycle racer inquired whether foreign sponsorship income, involving services abroad, constitutes work income and whether the exemption under article 7 p) of the IRPF law applies. The DGT responded that such income is considered earnings from economic activities and not work income, thus the exemption does not apply.

In 5 key points

How it affects those involved

Sponsorship income from athletes is categorised as earnings from economic activities, not work income, meaning the foreign work exemption under IRPF article 7 p) is not applicable.

Lifecycle

2019-01-30PublishedPublished 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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