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V1201-17 ·18 May 2017 ·consulta-vinculante Medium impact
Tax

The limit on gross income for objective estimation is calculated according to the taxpayer's chosen temporal imputation method

A query was raised regarding whether the income volume limit for applying the objective estimation method must follow the temporal criterion selected by the taxpayer. The DGT ruled that income shall be computed according to the accrual basis or the cash basis chosen by the taxpayer.

In 6 key points

How it affects those involved

This clarification ensures consistency in how taxpayers calculate their turnover limits, confirming that the accounting method used for income recognition dictates the calculation of the threshold for objective estimation.

Lifecycle

2017-05-18PublishedPublished 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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