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V1741-23 ·15 June 2023 ·consulta-vinculante Medium impact
Tax

Withholding certificates must include amounts refunded from the previous year as negative values

A taxpayer inquired whether it is correct for their employer to include both the current year's earnings and the amounts refunded from 2021 in the 2022 withholding certificate. The Directorate General for Taxes (DGT) responded that the certificate must reflect the earnings of the current financial year and the amounts refunded from the previous year as negative figures.

In 5 key points

How it affects those involved

This clarification ensures consistency in tax reporting and prevents errors in the calculation of annual income by requiring specific accounting for previous year refunds.

Lifecycle

2023-06-15PublishedPublished 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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