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MEDIUM
FISCAL

Spain's Bank of Spain transfer fee reduces Treasury bills' capital return

V0983-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V0983-25
Published
10 Jun 2025

Summary

The consultant asks whether the Bank of Spain's fee for transferring funds from Treasury bill amortisation is deductible. The DGT replies that this fee must be deducted from the repayment value to calculate the return obtained.

In 6 key points

Lifecycle

2025-06-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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