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V1879-17 ·17 July 2017 ·consulta-vinculante Medium impact
Tax

Taxation of a South African trust and family business benefits depend on legal ownership

A Spanish resident asks whether she must pay tax on income from a South African trust and whether she can apply family business benefits. The DGT responds that taxation and benefits depend on the legal ownership of assets under applicable rules.

In 6 key points

How it affects those involved

The legal ownership of assets determines tax liability and eligibility for family business benefits.

Lifecycle

2017-07-17PublishedPublished 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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