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V0671-18 ·14 March 2018 ·consulta-vinculante Medium impact
Tax

Financial allowances for foster care are exempt from Personal Income Tax

A query was raised regarding whether financial compensation received for foster care is subject to Personal Income Tax (IRPF). The Directorate General of Taxes (DGT) has ruled that these allowances, received from public institutions, are exempt.

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2018-03-14PublishedPublished 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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