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V0022-25 ·9 January 2025 ·consulta-vinculante Low impact
Tax

The legal non-existence of the 'trust' in Spain determines the tax treatment of its contributions and income

The DGT states that since trusts are not recognised in Spain, contributions to a trust are not considered donations for tax purposes.

In 6 key points

How it affects those involved

Contributions to a trust are not subject to donation tax, wealth tax or income tax on capital gains in Spain.

Lifecycle

2025-01-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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