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V2057-22 ·23 September 2022 ·consulta-vinculante Medium impact
Tax

Exclusion from the special agriculture, livestock and fishing regime determined by aggregate turnover

A query was raised regarding whether a civil society and its partners can maintain the special VAT regime for agriculture, livestock and fishing after collectively exceeding the thresholds for objective estimation in Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) ruled that, due to the existence of similar activities and common management, the operations of both the entity and its partners must be aggregated to determine exclusion.

In 6 key points

How it affects those involved

Entities operating under income attribution regimes must carefully monitor the combined turnover of the entity and its partners to avoid unintended exclusion from special VAT regimes.

Lifecycle

2022-09-23PublishedPublished 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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