Associations Invoicing Less than 50.000€ Annually are Exempted from Corporate Income Tax
News
APRIL 2015
Associations Invoicing Less than 50.000€ Annually are Exempted from Corporate Income Tax
The Spanish Ministry of Finance approved that non-profit associations invoicing
less than 50.000€ per year will not pay corporate income tax. This is a retroactive measure applicable as
of January 1, 2015.