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V0466-22 ·10 March 2022 ·consulta-vinculante Medium impact
Tax

Upfront fees must be recognised based on accrual or cash basis accounting

A lawyer asks how to declare fees collected in full in 2021 for services to be provided until 2023. The DGT rules that they must follow accounting accrual rules or, if chosen, the cash basis of accounting.

In 6 key points

Lifecycle

2022-03-10PublishedPublished 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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