Skip to content
V1997-14 ·24 July 2014 ·consulta-vinculante Medium impact
Tax

Societies in a group not exempt from IAE if combined turnover exceeds 1 million euros

The DGT clarifies whether the IAE exemption for turnover below 1.000.000 € applies to each company individually or to the group as a whole. It states that the turnover of all group entities must be aggregated in accordance with Article 42 of the Commercial Code.

In 6 key points

Lifecycle

2014-07-24PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact