LIS establishes the exclusion of the obligation to submit a
Mar 9, 2024 3:08:18 GMT
Post by account_disabled on Mar 9, 2024 3:08:18 GMT
In this sense, the subsidies and fees paid by the partners will constitute exempt income to the extent that they meet this condition. However, if the association carried out activities that imply the existence of economic exploitation, the income obtained would be subject and not exempt, whether the operations are carried out with non-members or with members. Regarding the obligation to submit a declaration, article of the declaration to those entities whose total income for the tax period does not exceed , euros per year, provided that the total amount of the income corresponding to non-exempt income does not exceed , euros per year and that all non-exempt income is subject to withholding.
Value Added Tax Regarding VAT, despite Asia Mobile Number List not specifying the specific activities to be carried out by the association, it seems that the exemption contained in article , section one, number of the Value Added Tax Law would apply: βΒΊ The provision of social assistance services indicated below carried out by Public Law entities or private entities or establishments of a social nature: a) Protection of children and youth.
Child and youth protection activities will be considered to include rehabilitation and training of children and young people, assistance to infants, custody and care of children, courses, excursions, camps or trips for children and youth, and others. similar services provided to persons under twenty-five years of age. b) Assistance to the elderly. c) Special education and assistance for people with disabilities. d) Assistance to ethnic minorities. e) Assistance to refugees and asylees. f) Assistance to passers-by. g) Assistance to people with non-shared family responsibilities. h) Community and family social action.
Assistance to former inmates. j) Social reintegration and crime prevention. k) Assistance to alcoholics and drug addicts. l) Cooperation for development.β For these purposes, article Three establishes the requirements that social entities or establishments must meet: β Have no lucrative purpose and dedicate, where appropriate, the profits eventually obtained to the development of exempt activities of the same nature. The positions of president, patron or legal representative must be free and have no interest in the economic results of the exploitation themselves or through an intermediary.
Value Added Tax Regarding VAT, despite Asia Mobile Number List not specifying the specific activities to be carried out by the association, it seems that the exemption contained in article , section one, number of the Value Added Tax Law would apply: βΒΊ The provision of social assistance services indicated below carried out by Public Law entities or private entities or establishments of a social nature: a) Protection of children and youth.
Child and youth protection activities will be considered to include rehabilitation and training of children and young people, assistance to infants, custody and care of children, courses, excursions, camps or trips for children and youth, and others. similar services provided to persons under twenty-five years of age. b) Assistance to the elderly. c) Special education and assistance for people with disabilities. d) Assistance to ethnic minorities. e) Assistance to refugees and asylees. f) Assistance to passers-by. g) Assistance to people with non-shared family responsibilities. h) Community and family social action.
Assistance to former inmates. j) Social reintegration and crime prevention. k) Assistance to alcoholics and drug addicts. l) Cooperation for development.β For these purposes, article Three establishes the requirements that social entities or establishments must meet: β Have no lucrative purpose and dedicate, where appropriate, the profits eventually obtained to the development of exempt activities of the same nature. The positions of president, patron or legal representative must be free and have no interest in the economic results of the exploitation themselves or through an intermediary.