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V0885-24 ·23 April 2024 ·consulta-vinculante Medium impact
Tax

Tax treatment of returns from a participating interest account paid to a resident in the United Kingdom

The DGT determines that payments from a participation account constitute interest under the double taxation treaty and are therefore not subject to Spanish taxation.

In 6 key points

How it affects those involved

Payments from participation accounts to UK resident entities are exempt from Spanish tax due to their classification as interest under the double taxation treaty.

Lifecycle

2024-04-23PublishedPublished 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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