Phase 5: Determination of the reduced net return on the activity
Regulations: Articles 32.1 Law Personal Income Tax and 25 Regulations
In the event that in the development of the agricultural activity, income has been obtained whose generation period has been greater than two years or others qualified by regulation as obtained in a notoriously irregular manner over time, when they are imputed in a single tax period, it may be A reduction in net income of 30% of said amounts will be applied. The result thus obtained is the reduced net return on the activity.
For the purposes of applying the aforementioned 30% reduction, only the following are considered income obtained in a notoriously irregular manner over time, when they are allocated in a single tax period:
Capital subsidies for the acquisition of non-depreciable fixed assets.
Compensation and aid for cessation of economic activities.
Compensation received in replacement of economic rights of indefinite duration.
The amount of net income referred to in this section to which the aforementioned reduction will be applied may not exceed the amount of 300,000 euros per year .
In the event that several irregular returns of the same nature are obtained, and their amount exceeds the limit of 300,000 euros of the maximum amount on which to apply the 30% reduction, the maximum reduction will be distributed proportionally among all the returns of that nature.
Remember: Capital gains or losses derived from the sale or transmission of elements related to the economic activity are not included in the income derived from the same, but are taxed with the rest of the capital gains and losses.