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V2003-20 ·18 June 2020 ·consulta-vinculante Medium impact
Tax

Grants for innovative entrepreneurs classified as business income and current grants

A taxpayer requested clarification regarding the timing of the recognition of a €10,000 grant for entrepreneurs in Asturias. The DGT ruled that, as the grant is not specifically intended for fixed assets, it is classified as a current grant. It must be recognised in the tax year the final resolution is issued or, if using the cash basis, in the year it is received.

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2020-06-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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