Subjective requirements

The Special Regime of the Cash Basis (hereinafter RECC) may be applied by taxpayers whose volume of operations during the previous calendar year has not exceeded 2,000,000 euros.

To calculate the volume of operations, the total amount thereof will be taken, excluding VAT and, where applicable, the equivalence surcharge and flat-rate compensation, of the deliveries of goods and services. services provided by the taxable person during the previous calendar year, excluding the exempt ones, as well as the occasional supplies of real estate, investment goods and financial operations and the exempt ones relating to non-regular investment gold. The operations will be deemed to have been carried out when the accrual of VAT occurs or would have occurred if RECC had not been applicable to the operations.

Taxpayers whose cash collections from the same recipient during the calendar year exceed the amount of 100,000 euros will be excluded.