Phase 3: Determination of reduced net income
Reduction of the income under the special regime "XXXVII Copa América Barcelona"
Regulations: Thirty-sixth Final Provision of Law 31/2022, of December 23
Individuals who acquire the status of taxpayers for the IRPF as a result of their travel to Spanish territory on the occasion of the event “XXXVII Copa América Barcelona”, may apply a reduction of 65% on the amount of net income from work that they receive from the organizing entity or from the teams participating in the “XXXVII Copa América Barcelona”, during the celebration of said event and to the extent that they are directly related to their participation in it.
However, such income will not be considered to have been obtained in Spain when it is received by individuals who are not resident in Spain.
General reduction for obtaining work income
Regulations Art. 20 Law IRPF
This reduction, which applies to taxpayers who obtain net income from work less than 19,747.5 euros , provided that they do not have income, excluding exempt income, other than income from work greater than 6,500 euros , will reduce the net income from work by the following amounts:
| (*) RNT = net income from work which will be the result of reducing the total income with the expenses provided for in letters a), b), c), d) and e) of article 19.2 of the Law of IRPF (Back) | |
| Positive net return | Reduction amount |
|---|---|
| 14,047.5 euros or less | 6.498 euros |
| Between 14,047.5 and 19,747.5 euros | 6,498 - [ 1.14 x (RNT - 14,047.5 )] (*) |
New in 2023: Please note that for the 2023 financial year, both the maximum amount of the reduction for obtaining employment income (from €5,565 per year to €6,498 per year) and the threshold for net employment income that allows this reduction to be applied (from €16,825 to €19,747.5) have been increased.
The concept of income, excluding exempt income, other than income from work includes the algebraic sum of net income (from movable and immovable capital, and from economic activities), imputed income and capital gains and losses computed in the year, without applying the integration and compensation rules. However, the returns must be computed at their net amount, that is, after deducting expenses, but without applying the corresponding reductions.
In the case taxation of family units in which several members receive income from work, the amount of the reduction will be determined based on the joint amount of the net income from work of all members of the family unit and, where applicable, income other than work, without it being necessary to multiply the amount of the resulting reduction based on the number of members of the family unit receiving income from work.
Important : As a result of the application of this reduction, the resulting balance cannot be negative .