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V2863-23 ·25 October 2023 ·consulta-vinculante Medium impact
Tax

The 600 euro award for academic merit is taxed as employment income and is not exempt

A foundation asks whether an award for the best high school academic record (which includes 600 euros, tuition, and accommodation) is exempt from Personal Income Tax (IRPF). The DGT determines that the 600 euro financial aid is taxed as employment income, whereas tuition and accommodation could be exempt if scholarship requirements are met.

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2023-10-25PublishedPublished 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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