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An administrator of a padel group asks whether receiving money from players into their personal account to pay for courts and balls has tax implications. The Directorate General for Taxes (DGT) responds that receiving funds to settle expenses on behalf of third parties does not constitute income, although the taxpayer must be able to prove the origin of those funds.
This ruling provides clarity for individuals managing group funds, confirming that such transactions are not taxable as income provided they are properly documented.
The tax team reviews your specific situation.
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