How do you declare the grants you receive?

[Mitu8990]

What we must check is whether the incorporation of the inheritance into our ownership generates the obligation to file the Wealth Tax . In this case, the assets in usufruct would have to be taken into account, since the value of the same would be distributed between the usufructuary and the person who holds the bare ownership.


Many people are unaware that most of the subsidies they receive must be included in their Income Tax Return . From private aid, such as those intended for the repair and maintenance of buildings or the installation of an elevator, to subsidies linked to economic activity, including those intended to cover the australia whatsapp shopping data investment necessary to become self-employed.

The tax treatment of subsidies will depend on their nature . A company, within the scope of its activity, can access different types of subsidies: for hiring, for the development of certain activities such as agriculture or fishing, for innovation, for the implementation of new technologies in the company...

Subsidies may come from public or private organizations, such as those intended to cover the interest rate on a loan, those granted by financial institutions or those linked to the number of units sold of a good or service.

The subsidies that a company can obtain are classified as capital and operating subsidies. The way in which they are declared is determined by this framework.