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V0707-24 ·16 April 2024 ·consulta-vinculante Medium impact
Tax

No obligation to withhold tax if annual income does not exceed the limit set in the RIRPF

A taxpayer inquired whether it was correct that two different payers failed to withhold tax on payments of €12,000 and €4,800 respectively. The DGT ruled that, as the income did not exceed the threshold that triggers the obligation to withhold, the payers were not required to apply any withholding tax.

In 6 key points

How it affects those involved

This ruling clarifies the application of withholding thresholds for employment income, confirming that payers are exempt from withholding if the taxpayer's total income remains below the statutory limit.

Lifecycle

2024-04-16PublishedPublished 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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