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V0322-24 ·5 March 2024 ·consulta-vinculante Medium impact
Tax

Calculation of cash legacies after deducting trustee taxes and accrual of late payment interest due to extensions

Consultants inquired how to quantify a cash legacy that must cover the taxes of the fiduciary heir and whether a tax extension triggers late payment interest. The DGT ruled that the legacy is calculated by subtracting the fiduciary's taxes (arising from the usufruct) from the total financial assets, and that any extension results in the accrual of late payment interest.

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2024-03-05PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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