Consequences of the exclusion of the objective estimation method

Regulations: Art. 34.3 Regulation Income Tax

The exclusion of the objective estimation method for any of the circumstances mentioned above takes effect only in the year immediately following the year in which said circumstance occurs and will entail inclusion during the following three years in the scope of application of the simplified form of the direct estimation method, unless it is waived.

Important : If the volume of gross income or purchases provided for in article 32.2 of the Personal Income Tax Regulations is exceeded, the taxpayer will be excluded from the scope of application of the objective estimation method for all of its economic activities for at least the following three years, regardless of the type of activities carried out in these years.