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V0295-16 ·26 January 2016 ·consulta-vinculante Medium impact
FISCAL

Deduction for foreign tax on donation limited

Residents in Madrid ask whether they can deduct German tax paid on a donation received in Spain. The DGT states that international double taxation relief is limited to the lower of two specified amounts.

In 6 key points

How it affects those involved

Taxpayers may only deduct foreign tax paid on donations up to a capped amount defined by the DGT.

Lifecycle

2016-01-26PublishedPublished 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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