Income not subject

Attention : In order to determine the limit of the obligation to declare established for natural persons resident in Spanish territory, the amount of income related to this section will not be taken into account.

In addition to the exemptions established in article 7 of the Personal Income Tax Law previously mentioned, both this law and other tax laws establish, among others, the following exemptions:

1. Exemptions on work income
2. Exemptions for income from economic activities
3. Exemptions on capital gains