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V1964-17 ·20 July 2017 ·consulta-vinculante Medium impact
Tax

The receipt of money for subsequent return is not subject to Personal Income Tax, Transfer Tax, or Stamp Duty as it constitutes a deposit

A consultant receives money from the sale of their mother's home to return it to her when she arrives in Spain. The DGT determines that this operation is a gratuitous deposit contract and has no tax implications for Personal Income Tax, Transfer Tax, or Stamp Duty.

In 6 key points

Lifecycle

2017-07-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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