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V1031-23 ·26 April 2023 ·consulta-vinculante Medium impact
Tax

Refunds due to invalid multi-currency clauses are not income, but require regularising primary residence tax relief

A query was raised regarding whether the restitution of overpaid amounts resulting from an invalid multi-currency clause constitutes income for Personal Income Tax (IRPF) purposes. The Directorate General for Taxes (DGT) ruled that it does not constitute income; however, if those amounts were used to claim tax relief for a primary residence, the tax situation must be regularised.

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2023-04-26PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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