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V0121-22 ·24 January 2022 ·consulta-vinculante Medium impact
Tax

ONCE prizes subject to special tax on the amount exceeding the prorated exempt portion

A taxpayer has enquired about the taxation of an ONCE prize paid in annual instalments over 25 years, and whether the €40,000 exemption applies to the total amount or per person. The DGT has ruled that the special tax accrues with each payment and that the €40,000 exemption is prorated among joint holders according to their respective shares.

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2022-01-24PublishedPublished 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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