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V1707-24 ·11 July 2024 ·consulta-vinculante Medium impact
Tax

Grants for forest clearing activities are taxed as income from economic activity

A query was raised regarding whether a grant from the Junta de Castilla y León for improvement and prevention works in forest land constitutes livestock activity income or a capital gain. The DGT has determined that it must be taxed as income from economic activity, as it finances expenses related to said activity.

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2024-07-11PublishedPublished 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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