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V2397-20 ·14 July 2020 ·consulta-vinculante Medium impact
Tax

Private use of a company vessel may constitute a benefit in kind for Personal Income Tax purposes

A shareholder of a company that owns a vessel has enquired about the taxation of its use for private purposes. The DGT clarifies that if the private use of the vessel is considered employment income, it constitutes a benefit in kind.

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2020-07-14PublishedPublished 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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