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V0610-24 ·9 April 2024 ·consulta-vinculante Medium impact
Tax

Cash donations do not generate capital gains or losses for the donor under Personal Income Tax (IRPF)

A taxpayer inquired about the tax implications of transferring money to their nephew for a property purchase. The Directorate General for Taxes (DGT) ruled that the donation of cash does not result in a capital gain or loss for the donor.

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2024-04-09PublishedPublished 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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