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V2142-21 ·23 July 2021 ·consulta-vinculante Medium impact
Tax

No obligation to file Income Tax return if capital gains from grants and property income do not exceed €1,000

Consultants sought clarification on whether they were required to file an income tax return upon receiving a grant from their homeowners' association. The Directorate General for Taxes (DGT) ruled that if the combined total of that capital gain and property income does not exceed €1,000, there is no obligation to file.

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2021-07-23PublishedPublished 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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