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V2395-22 ·17 November 2022 ·consulta-vinculante Medium impact
Tax

Horse trading, training for third parties, and racing participation require specific IAE tax headings

A company has requested clarification on which IAE (Economic Activities Tax) headings apply to horse trading, training, and participation in horse racing. The DGT has determined that classification depends on whether training is provided to third parties and whether income is derived from racing prizes.

In 6 key points

How it affects those involved

Companies involved in equine activities must correctly identify their IAE headings to ensure accurate tax classification, particularly when diversifying between livestock farming, professional training services, and racing participation.

Lifecycle

2022-11-17PublishedPublished 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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