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V2429-22 ·23 November 2022 ·consulta-vinculante Medium impact
Tax

Distributions from an irrevocable trust are deemed direct transfers from settlor to beneficiary for tax purposes

The consultant asks whether distributions from an irrevocable trust to themselves are considered direct gifts from their father. The DGT responds that, as trusts are not recognised in Spain, transfers are treated as direct transfers between the settlor and beneficiary.

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Lifecycle

2022-11-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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