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V0133-21 ·29 January 2021 ·consulta-vinculante Medium impact
Tax

Contributions to protected assets must be formalised before a notary or via judicial resolution

A query was raised regarding whether bank statements alone were sufficient to claim tax benefits for contributions to the protected assets of a person with a disability. The Directorate-General for Taxes (DGT) ruled that compliance with the formalities set out in Law 41/2003 is mandatory.

In 5 key points

How it affects those involved

This ruling clarifies that informal bank transfers are insufficient for tax purposes; contributions to protected assets must follow strict legal formalisation procedures to qualify for tax relief.

Lifecycle

2021-01-29PublishedPublished 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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