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V2206-14 ·7 August 2014 ·consulta-vinculante Medium impact
Tax

Residents in Spain must pay tax on foreign bank income and report it

The taxpayer asks about their tax obligations when opening a bank account in the UK while residing in Spain. The DGT responds that they must pay tax on worldwide income and report the account if certain thresholds are exceeded.

In 6 key points

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2014-08-07PublishedPublished 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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