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V1654-20 ·28 May 2020 ·consulta-vinculante Medium impact
Tax

30% reduction not applicable to income with a generation period of less than two years

A company has requested a ruling on whether an extraordinary incentive for executives based on EBITDA can benefit from the 30% reduction under Article 18.2 of the Personal Income Tax Act (LIRPF). The Directorate General for Taxes (DGT) has determined that this reduction is not applicable because the generation period does not exceed two years.

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2020-05-28PublishedPublished 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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