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V0264-22 ·14 February 2022 ·consulta-vinculante Medium impact
Tax

Special agricultural regime compensation must be included in turnover for the objective estimation method

A query was raised regarding whether compensation under the special VAT regime for agriculture, livestock, and fishing should be included in the turnover used to determine the threshold for the Personal Income Tax (IRPF) objective estimation method. The Directorate General for Taxes (DGT) ruled that it must be included, as it does not constitute a subsidy, an indemnity, or VAT plus its surcharge.

In 6 key points

How it affects those involved

This ruling clarifies that compensation received under the special agricultural VAT regime counts towards the turnover limits for the objective estimation method, potentially affecting the ability of taxpayers to remain within this simplified tax regime.

Lifecycle

2022-02-14PublishedPublished 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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