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V3074-20 ·14 October 2020 ·consulta-vinculante Medium impact
Tax

Lottery prizes with joint ownership prorate the €40,000 exemption among co-owners

An entity selling lottery shares has requested clarification on the taxation and withholding of shared prizes. The DGT clarifies that the €40,000 exemption is prorated among co-owners and that the entity acts solely as a payment intermediary.

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2020-10-14PublishedPublished 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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