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V0404-17 ·15 February 2017 ·consulta-vinculante Medium impact
Tax

Venezuelan bond yields may be taxable in Spain as worldwide income

A Spanish resident asks whether income from bonds issued by a Venezuelan state company and the Venezuelan state, which is exempt in Venezuela, must be declared. The DGT responds that, as a fiscal resident in Spain, income is taxed on worldwide earnings, and such bond income may be subject to Spanish taxation.

In 6 key points

How it affects those involved

Spanish residents may be required to declare income from Venezuelan bonds, even if exempt in Venezuela, due to Spain's worldwide income tax regime.

Lifecycle

2017-02-15PublishedPublished 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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