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
Case of transfer of all or part of a business or professional estate
The transfer of all or part of a business or professional asset will affect the calculation of the purchaser's volume of operations.
In these cases, the volume of transactions to be calculated by the acquirer shall be the sum of the volume of transactions carried out by the acquirer and those carried out by the transferor in relation to the assets transferred, in both cases during the calendar year.
The transfer of all or part of a business or professional asset is considered to be a global transfer or a transfer of a branch of activity, regardless of whether or not any of the non-taxable assumptions regulated in art. 7.1 of the LIVA apply.