Skip to content
Back to index
V3834-15 2 December 2015 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimientos del trabajo

Exemption for foreign work not applicable to directors' income

A consultant who worked as a director and administrator abroad asks whether he can claim the foreign work exemption and the reduction for irregular exercise of share options. The DGT states that the exemption does not apply because the activity is classified as a commercial relationship rather than a labour relationship, and assesses the reduction based on the frequency of option grants.

The question raised

In the event of exercising the options granted in 2005 and 2007, whether the exemption established in letter p) of Article 7 of the Personal Income Tax Law applies to the benefits in kind that would be obtained.

Book your free first meeting