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V0908-17 ·11 April 2017 ·consulta-vinculante Medium impact
Tax

Transfer of assets due to change of residence has no tax implications for Personal Income Tax

A taxpayer inquired whether transferring savings and assets to Spain following a change of residence from Saudi Arabia carries tax consequences. The DGT ruled that this movement does not constitute the acquisition of income subject to taxation.

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2017-04-11PublishedPublished 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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