It will be the responsibility of the Ministry of Education or the regional bodies to determine whether or not a subject is included in any study plan of the educational system for the purposes of applying the exemption.
The dividend distribution policy distinguishes between the profits accumulated in the company in the form of reserves and those that are distributed to the holders of the share capital in the form of dividends.
The Directorate General of Labour approves a total of 14 non-recoverable, paid and obligatory public holidays, with 12 public holidays and the 2 set by local councils.
An additional legal disposition is incorporated relating to deferrals and instalments of tax debts by the AEAT (State Tax Administration Agency) which raises the regulatory rank, but does not modify the exempt limit.
The prorate rule (general or special) is an adjustment which consists of calculating the proportion of transactions right to deduct VAT in relation to the total volume of transactions carried out in the year.