8.6.2. Exempt income except for determining the tax rate

Tax regulations provide for some exceptional cases of exempt income which, however, must be taken into account for the purposes of calculating the tax rate applicable to the remaining income.

INCOME PROVIDED FOR IN DOUBLE TAXATION TREATIES

Most of the Double Taxation Agreements signed by Spain establish that, when the income obtained by a resident is exempt in accordance with the provisions of the Agreement, this exempt income may, however, be taken into account for the purposes of calculating the tax on the rest of the income of said resident.

COMPLETION:

These incomes will be included in section "L" . Exempt income except for determining the tax rate", boxes 0495 and 0496 on page 16 of the declaration, depending on whether they should have been included in the savings tax base or in the general tax base had they not been exempt.