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V1061-23 ·27 April 2023 ·consulta-vinculante Medium impact
Tax

A €35,000 ONCE prize does not need to be included in the Personal Income Tax return

A query was raised regarding whether a €35,000 ONCE prize must be declared under the section for non-advertising games and raffles. The Directorate General for Taxes (DGT) ruled that, as the amount is below €40,000, it does not form part of the tax base.

In 6 key points

How it affects those involved

Taxpayers receiving lottery prizes below the €40,000 threshold are exempt from including these amounts in their Personal Income Tax (IRPF) assessment.

Lifecycle

2023-04-27PublishedPublished 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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