New items published in the INFORMA programme during March

The UTE as a taxpayer of the IAE will calculate its net amount of turnover independently, integrating into it the amount of sales and services provided reduced by the amount of returns and rebates on sales and its own net amount will be taken into account for the application of the exemption for turnover to the UTE.

A company is formed by the merger of several companies and at the time of its incorporation it separates several branches of activity, creating several participating companies. If the economic activities carried out by any of the new entities coincide, in whole or in part, with the economic activities that the merged companies were carrying out, the exemption for starting the exercise of the activity does not apply.

In the case of a merger by creation of a new company, in order to apply to the new company resulting from the merger of several companies that previously carried out the same economic activity, the exemption regulated in article 82.1.c) of TRLRHL in the tax period corresponding to the start of the economic activity by the new company and the following one, the net amount of the turnover corresponding to the set of merged companies must be taken into account.

Taxpayers to whom the exemption for net turnover amount does not apply must notify the AEAT of the same (as well as any changes that occur in said amount if they imply a modification in the application or not of said exemption) through form 848, being exempt from submitting this communication when this amount has been recorded in the last Corporate Tax return submitted before January 1 of the year in which said figure is to take effect in the Tax on Economic Activities.