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V1768-23 ·20 June 2023 ·consulta-vinculante Medium impact
Tax

Non-exempt literary prizes may qualify for 30% reduction if rights transfer is limited to non-sale editions

A taxpayer queried the taxation of two non-exempt literary prizes. The DGT explains that these may be treated as income from employment or economic activities and analyses the application of the reduction for irregular income.

In 6 key points

How it affects those involved

Taxpayers receiving literary prizes that do not meet exemption criteria must correctly classify the income and may benefit from a 30% reduction if the rights transfer is restricted to non-sale editions.

Lifecycle

2023-06-20PublishedPublished 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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