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V0498-22 ·14 March 2022 ·consulta-vinculante Medium impact
Tax

Holding personal funds in a joint account does not, in itself, constitute a gift for Inheritance and Gift Tax purposes

The applicant asks whether keeping inherited money in a bank account held jointly with their partner constitutes a gift. The DGT rules that joint ownership only grants access to the funds but does not transfer ownership of them.

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2022-03-14PublishedPublished 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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