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V3172-21 22 December 2021 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Subsidies for joining a cooperative are taxed as capital gains in the general tax base

An individual received a subsidy from the Xunta de Galicia to encourage their entry as a member of a cooperative. The DGT has ruled that this income must be taxed as a capital gain within the general tax base.

The question raised

Taxation of the subsidy received.

The DGT's ruling

Participation in the capital of a cooperative is not an asset element assigned to an economic activity. Therefore, the subsidy is a capital gain as the value of the equity changes due to an alteration in its composition. This gain is integrated into the general taxable base and must be attributed to the tax period in which the payment is received.

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