Skip to content
V2407-21 ·24 August 2021 ·consulta-vinculante Medium impact
Tax

Funds from a private Panamanian foundation are subject to Inheritance and Gifts Tax

Consultants ask whether amounts received as beneficiaries from a private Panamanian foundation after the founder's death are taxable. The DGT responds that, as foundations have independent legal personality, the payments are considered donations and are subject to Inheritance and Gifts Tax.

In 6 key points

Lifecycle

2021-08-24PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact