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V0750-21 ·30 March 2021 ·consulta-vinculante Medium impact
Tax

Grants for archaeological or paleontological research are subject to Personal Income Tax (IRPF)

A taxpayer has inquired whether a grant from the Provincial Council of Bizkaia for archaeological and paleontological research must be included in their Personal Income Tax (IRPF) return. The Directorate General of Taxes (DGT) has ruled that the aid constitutes taxable income and must be integrated into the tax return.

In 6 key points

How it affects those involved

Taxpayers receiving research grants must ensure they are declared as taxable income in their annual tax returns, as these funds do not qualify for exemption.

Lifecycle

2021-03-30PublishedPublished 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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