Consequences of the exclusion of the objective estimation method
Regulations: Art. 34.3 Regulation Personal Income Tax
The exclusion of the objective estimation method due to any of the previously mentioned circumstances produces its effects only in the year immediately following the year in which said circumstance occurs and will mean the inclusion during the following three years in the scope of application of the simplified modality of the direct estimation method, unless waived.
Important : If the volume of full income or purchases provided for in article 32.2 of the Personal Income Tax Regulation is exceeded, the taxpayer will be excluded from the scope of application of the objective estimation method for all its economic activities during, at least the following three years, regardless of the type of activities carried out in these years.