Fiscal subject related
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If we briefly analyse the draft, we can see certain changes in deadlines. The deadlines will start calculating when the Royal Decree gets approved and published in the BOE (Official Gazette), which is expected to happen this year, and they are divided depending on the turnover of the taxpayer:
- Legal entities and sole traders with an annual turnover of >8 million EUR in 1 year
- Legal entities with annual turnover < 8MEUR in two years.
- Sole traders with annual turnover < 8 million EUR for 2 years
- Sole traders with annual turnover < 8 million EUR for 3 years
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