5.6.1 To whom does it apply?
To the owners of agricultural, livestock, forestry or fishing farms who have not renounced or are not excluded from it.
are excluded from the regime:
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Commercial companies, cooperatives and agricultural processing companies.
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Those who renounce the application of the objective estimation regime in Personal Income Tax or the simplified regime in VAT .
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Income from agricultural, forestry and livestock activities exceeding €250,000 in the immediately preceding year.
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Exceed the following amounts for all operations carried out other than those referred to in the previous point and in the immediately preceding year:
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Acquisitions and imports of goods and services in all its activities, excluding fixed assets, €250,000 annually VAT excluded.
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Volume of income from all activities other than those included in this special regime €250,000.
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Transfer of farms or operations for lease or sharecropping or transfer of the use of resin.
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Independent livestock farming.
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Hunting farms.
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Sea fishing.
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Integrated livestock farming.
The resignation is made:
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Specifically, by submitting the forms 036 or 037 of the census commencement declaration, or in December prior to the start of the calendar year in which it must take effect.
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Tacitly, by submitting on time the form 303 of the first quarter of the calendar year or the first self-assessment in case of initiation.
The resignation takes effect for a minimum of 3 years and will be understood to be tacitly extended in the following years, unless revoked in the month of December prior to the calendar year in which it must take effect.
The waiver or exclusion of REAG and P in VAT implies the waiver or exclusion of the objective estimation regime in Personal Income Tax .