What is a Large Company for tax purposes?
When a company, entrepreneur or professional exceeds 6,010,121.04 euros of turnover in one year, from the following year, it becomes a Large Company, producing significant tax effects that must be taken into account when carrying out procedures before the Tax Agency
Which transactions are excluded for the calculation of the trading volume?
It does not include the following operations:
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occasional deliveries of real properties;
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supplies of goods classified as investment goods in terms of the transferor;
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financial transactions, whether exempt from VAT or not, and exempt transactions relating to investment gold (these transactions are not to be included when either are not in the ordinary course of the taxable person's business or profession).