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V2064-25 ·5 November 2025 ·consulta-vinculante Low impact
Tax

Co-holding in a bank account does not alone determine ownership for Inheritance Tax

The DGT responds that co-holding only grants disposal rights to the bank, while actual ownership of funds depends on who contributed the money.

In 6 key points

How it affects those involved

The tax liability on a shared account is determined by the actual contributor, not by co-holding status, clarifying that ownership and tax imputation are separate concepts.

Lifecycle

2025-11-05PublishedPublished 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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