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V1205-24 ·28 May 2024 ·consulta-vinculante Medium impact
Tax

Additional security deposits for non-payment are not subject to Personal Income Tax (IRPF) upon receipt

A landlord has enquired whether an amount received as an additional security deposit to cover potential defaults on a commercial lease should be subject to Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) has ruled that such an amount does not constitute taxable income at the time of receipt.

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2024-05-28PublishedPublished 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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