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V2427-20 15 July 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · estimación objetiva

Transactions with homeowners' associations count towards the objective estimation limit

A query was raised regarding whether transactions with homeowners' associations are included in the limit for total income under the objective estimation regime and how the rental of premises is affected. The DGT ruled that such transactions do count towards the first limit and that the rental of premises only affects the objective estimation if it is classified as an economic activity.

The question raised

1st Whether operations carried out with homeowners' associations are taken into account for the threshold for the volume of total income.

The DGT's ruling

Regarding the first threshold for the volume of total income, all operations must be computed, including those carried out with homeowners' associations. Regarding the second threshold, if the homeowners' associations do not act as entrepreneurs or professionals, their invoices are not computed. The rental of commercial premises only excludes the objective estimation regime if the activity is classified as income from economic activity, not affecting if it is income from real estate capital.

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