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V1536-14 ·11 June 2014 ·consulta-vinculante Medium impact
Tax

No retention of 3% tax on payment from property swap resolution

A German resident asks whether a company must withhold 3% of Non-Resident Income Tax when paying money for the termination of a 2007 property exchange. The DGT replies that the payment arises from the substitution of a credit right, not from the transfer of immovable property.

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2014-06-11PublishedPublished 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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