Skip to content
V1504-21 ·21 May 2021 ·consulta-vinculante Medium impact
Tax

Tax benefits for contributions to protected assets apply in the tax year the contribution is made

A query was raised regarding which tax year benefits for contributions to a protected asset can be applied to if the notary deed is formalised in the following year. The DGT ruled that benefits apply in the tax year in which the contribution is made, provided all legal requirements are met.

In 6 key points

How it affects those involved

This clarification provides certainty for taxpayers regarding the timing of tax relief for contributions to protected assets, ensuring that the tax year of the actual contribution takes precedence over the formalisation of the notary deed.

Lifecycle

2021-05-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact