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V0952-25 ·3 June 2025 ·consulta-vinculante Low impact
Tax

Obligation to report in Form 347 regarding transactions with third parties according to economic activity and legal thresholds

The DGT clarifies that non-recoverable public subsidies received in relation to business or professional activities and exceeding 3,005.06 euros annually per public administration must be declared in model 347.

In 5 key points

How it affects those involved

Businesses must declare non-recoverable public subsidies if they exceed the annual threshold and are linked to their commercial or professional activities.

Lifecycle

2025-06-03PublishedPublished 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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