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V0357-24 ·12 March 2024 ·consulta-vinculante Medium impact
Tax

Loans between individuals are exempt from ITPAJD but require a tax return filing

An individual has enquired about the taxation of an interest-free loan received from another individual to purchase a property. The DGT states that while the loan is exempt from ITPAJD, a tax return must still be filed, and it is not subject to IRPF.

In 6 key points

How it affects those involved

This clarification confirms that although interest-free loans between private individuals do not incur ITPAJD, the formal obligation to file a tax return remains mandatory to prove the exemption.

Lifecycle

2024-03-12PublishedPublished 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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