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V4741-16 ·10 November 2016 ·consulta-vinculante Medium impact
Tax

Tax residency determined by presence or economic interests

A taxpayer asks in which country they should pay tax on their 2016 income after moving from Spain to the UK. The DGT explains that fiscal residency is determined by presence (over 183 days) or economic interest centre, defining whether tax is due on worldwide income or only on Spanish-sourced income.

In 6 key points

How it affects those involved

Taxpayers relocating from Spain to the UK must assess their residency based on presence or economic interests to determine worldwide or source-specific taxation.

Lifecycle

2016-11-10PublishedPublished 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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