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V2855-21 ·17 November 2021 ·consulta-vinculante Medium impact
Tax

Cash donations do not generate capital gains or losses for Personal Income Tax purposes for the donor

A taxpayer inquired about the Personal Income Tax (IRPF) implications of donating €25,000 to their daughter for a home purchase. The Directorate General for Taxes (DGT) clarified that this transaction has no tax effects for either the donor or the recipient.

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2021-11-17PublishedPublished 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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