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V0594-21 ·15 March 2021 ·consulta-vinculante Medium impact
Tax

No liability in Spain for distributing foreign funds to non-resident heirs

An executor asks whether there is tax liability in Spain when transferring funds from a Luxembourg account to heirs resident in Finland. The DGT responds that, as the funds are not in Spain and the heirs are not residents, there is no Spanish tax obligation.

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2021-03-15PublishedPublished 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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