Skip to content
V3522-20 ·10 December 2020 ·consulta-vinculante Medium impact
Tax

Re-depositing previously withdrawn cash does not constitute income for Personal Income Tax (IRPF)

A query was raised regarding whether re-depositing cash that had been previously withdrawn from a bank account has tax implications. The Directorate General for Taxes (DGT) responds that the transaction has no impact on Personal Income Tax (IRPF), but warns of the necessity to prove the origin of the funds.

In 5 key points

Lifecycle

2020-12-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact