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V2986-23 ·14 November 2023 ·consulta-vinculante Medium impact
Tax

Loans with interest rates below market rates for employees constitute employment income in kind

An employee of a financial institution inquired whether a mortgage loan with a reduced interest rate for himself and his father constituted income in kind. The DGT responds that it does constitute employment income and explains how it must be valued.

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2023-11-14PublishedPublished 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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