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V1619-24 ·3 July 2024 ·consulta-vinculante Medium impact
Tax

Gifts to people over 65 by a foundation taxed as patrimonial gains in income tax

A foundation enquired whether financial aid for elderly people with low income is subject to income tax or inheritance and donations tax. The DGT confirms that such aid is taxed as patrimonial gains in income tax and is not subject to withholding.

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2024-07-03PublishedPublished 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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