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 included in the calculation of the trading volume?
Included in the calculation are the operations carried out during the year, that is, those in which:
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The accrual of the tax occurs in that year.
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The accrual of VAT would have occurred if the special regime of the cash criterion had not been applied to the operations.
The transfer of all or part of a business or professional asset will affect the calculation of the acquirer's volume of operations.