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V0326-21 ·23 February 2021 ·consulta-vinculante Medium impact
Tax

Agricultural activity branch can qualify for special IS regime and be exempt from VAT

An farmer asks whether contributing their farm to a limited liability company can qualify for the special IS regime, whether it constitutes a valid economic reason, and its treatment under VAT, ITP/AJD and IRPF. The DGT states that if the existence of an autonomous economic unit is proven, the operation meets the requirements for the special IS regime and is exempt from VAT.

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2021-02-23PublishedPublished 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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