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V0559-16 ·10 February 2016 ·consulta-vinculante Medium impact
Tax

Retention of 7% not applicable for re-entry into professional activity

A holder of an academy asks whether a 7% retention applies to an independent professional starting activity after having been self-employed in 2005. The DGT responds that the reduced rate does not apply as it is not a new start of activity but the continuation of previously carried out professional activity.

In 5 key points

How it affects those involved

The reduced 7% retention does not apply when an independent professional resumes activity after prior self-employment, as it constitutes the continuation rather than a new start of professional activity.

Lifecycle

2016-02-10PublishedPublished 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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