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V1905-22 ·7 September 2022 ·consulta-vinculante Medium impact
Tax

Expenditure of money for vital needs is not considered a disposal of assets for the reduction of Personal Income Tax (IRPF)

Parents inquire whether they can apply the reduction for contributions to a protected estate of their child with a disability. The DGT responds that the expenditure of money and consumption of fungible goods to meet vital needs is not considered a disposal of assets for the purposes of the four-year maintenance requirement.

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Lifecycle

2022-09-07PublishedPublished 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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