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V2602-25 23 December 2025 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · donación

Donation of money does not generate capital gain or loss for donor

The consultant asks about taxation for the donor when donating inherited money to their mother. The DGT responds that the donation of money does not result in capital gain or loss for the donor.

The question raised

Taxation of the transaction for the donor.

The DGT's ruling

The donation of any asset or right generates a change in net worth, but in the case of a donation of money, no capital gain or loss shall be recognized for the donor. In Inheritance and Gift Tax, the taxpayer is the donee and not the donor; therefore, the transaction has no impact on the taxpayer regarding said tax.

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