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V2221-23 ·27 July 2023 ·consulta-vinculante Medium impact
Tax

Deductible expenses for the reduction of economic activities are calculated based on their tax amount during the period

A query is made regarding how deductible expenses should be calculated to comply with the 30% limit of gross income required for the reduction under Article 32.2 of the Personal Income Tax Law (LIRPF). The DGT responds that the aggregate of expenses refers to the amount of expenses that are tax deductible in the corresponding tax period.

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2023-07-27PublishedPublished 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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