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V0468-23 ·1 March 2023 ·consulta-vinculante Medium impact
Tax

Dividends in Ceuta securities accounts may qualify for tax deductions if requirements are met

A resident of Ceuta for over three years has enquired whether dividends from a securities account in Ceuta are considered income obtained in that city for the purpose of the deduction under Article 68.4 of the Personal Income Tax Act (LIRPF). The Directorate General for Taxes (DGT) indicates that if the requirement of holding one third of net assets in Ceuta or Melilla is met, the deduction for income obtained outside these cities may be applied.

In 6 key points

How it affects those involved

This ruling clarifies the criteria for applying regional tax deductions in Ceuta and Melilla, specifically regarding the location of income derived from securities accounts.

Lifecycle

2023-03-01PublishedPublished 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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