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V0467-21 ·4 March 2021 ·consulta-vinculante Medium impact
Tax

Limited company turnover is not included when calculating IRPF objective assessment limits

The taxpayer asks whether they must include the turnover of a limited company in which they are a shareholder to determine eligibility for the objective assessment method in their personal activity. The DGT rules that the operations of commercial companies are not taken into account for this purpose.

In 6 key points

How it affects those involved

This ruling clarifies that the turnover of a limited company does not count towards the thresholds for applying the objective assessment method (estimación objetiva) for personal income tax (IRPF), providing legal certainty to taxpayers with dual roles as business owners and shareholders.

Lifecycle

2021-03-04PublishedPublished 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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