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V1010-20 ·22 April 2020 ·consulta-vinculante Medium impact
FISCAL

Proceeds from legal actions of UK residents taxed solely in UK

A UK tax resident asks whether they must pay Spanish tax on legal costs from a favourable judgment. The DGT rules that, as not being capital gains under the Convention, these costs are taxable only in the UK.

In 6 key points

Lifecycle

2020-04-22PublishedPublished 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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