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V3589-15 18 November 2015 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos de actividades económicas

Obligation to file an Income Tax return if income from economic activities exceeds €1,000

A taxpayer with an economic activity reported a net income of less than €1,000 despite having higher turnover. The DGT ruled that a tax return must be filed because the income from economic activities exceeds the €1,000 threshold.

The question raised

Question posed: Whether there is an obligation to file a tax return.

The DGT's ruling

Taxpayers who obtain exclusively gross income from employment, capital, or economic activities, together with capital gains, are not required to file a tax return if the combined limit is 1,000 euros per year and capital losses are less than 500 euros. In this case, as the income from economic activities exceeds the amount of 1,000 euros, there is an obligation to file a tax return.

Apply this to a real case

What is published here, applied to a company or a specific case. The first meeting is free.

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