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V3001-17 ·20 November 2017 ·consulta-vinculante Medium impact
Tax

Professionals may opt for the cash basis of accounting if specific accounting requirements are met and declared

Consultants have enquired whether they can apply the cash basis of accounting for services invoiced to their own companies. The DGT has responded that, while the accrual basis is the general rule, they may opt for the cash basis provided they satisfy the necessary accounting requirements and declare it in their tax return.

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2017-11-20PublishedPublished 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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