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V2213-21 ·1 August 2021 ·consulta-vinculante Medium impact
Tax

Endorsement of a nominative cheque is subject to Stamp Duty

A query was raised regarding whether endorsing a cheque to offset an excess inheritance allocation triggers taxation. The DGT ruled that, upon endorsement, the cheque performs the function of a bill of exchange and is therefore subject to Stamp Duty.

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2021-08-01PublishedPublished 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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