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V4408-16 ·14 October 2016 ·consulta-vinculante Medium impact
FISCAL

Payment upon termination of employment in Brazil is worldwide income for Spanish tax purposes

A Spanish tax resident asks whether they must pay tax in Spain on a termination payment received in Brazil. The DGT states that the taxing right is shared between Spain and Brazil as the income arises from employment in Brazil, and the resident must declare the income in Spain.

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2016-10-14PublishedPublished 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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