Special system for agriculture, livestock farming and fishing
Skip information indexWho is applicable for the special regime for agriculture, livestock farming and fishing?
To the owners of agricultural, livestock, forestry or fishing farms who have not renounced or are not excluded from it.
The waiver will be carried out:
- Expressly, by filing form 036 or 037 as an initial tax registry declaration, or during December of the year before it is set to take effect.
- Tacitly, when the tax return-settlement of the first quarter of the calendar year, or, if starting, the first tax return-settlement after beginning, is filed during the normal timeframe, applying the general regime with form 303.
The waiver takes effect during a minimum period of three years, and is extended tacitly for subsequent years, unless revoked in the December preceding the calendar year during which it is set to take effect.
The waiver from the agriculture, livestock farming and fishing regime determines the withdrawal from the Personal Income Tax objective estimate system, and exclusion from the simplified VAT regime.
The following are excluded from this regime:
- Trading companies.
- Cooperative companies and agricultural trading companies.
- Those who carried out transactions related to activities included in this regime in the previous year, for an amount of more than 250,000 euros.
- Those who exceed the amount of 250,000 euros for all transactions performed, other than those included in this special regime, in the previous year.
- Businesses or professionals that has waived the application of the Personal Income Tax objective estimate regime for any of their economic activities.
- Businesses or professionals that have waived the application of the simplified regime.
- Businesses or professionals whose acquisitions and imports of goods and services for all their business or professional activities exceeded 250,000 euros in the previous year, excluding VAT (without taking into account property acquisitions).