Doctrine by topic · DGT Observatory

Cash Withdrawal: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Settled doctrine High confidence 11 rulings · 2015–2022

Current position

Cash withdrawal does not in itself constitute income subject to taxation under IRPF (Personal Income Tax). However, the taxpayer bears the burden of proving the origin of the funds that are subsequently deposited or used in investments. In the scope of IVA (Value Added Tax), cash withdrawal services via ATMs are financial services that are exempt.

The DGT's position remains constant regarding IRPF, reiterating that the withdrawal operation has no tax implications but the origin of the funds must be proven. Regarding IVA, the doctrine has been consolidated, confirming the exemption of cash withdrawal services due to their financial nature.

Analysis based on 11 of 11 rulings with a stated position. Updated 28 September 2026.

Rulings on this topic

11

V0760-22 7 Apr 2022

Cash withdrawals via credit or debit card are VAT exempt and subject to IAE

SG de Impuestos sobre el Consumo

exenciónservicios financierosretirada de efectivoimpuesto sobre actividades económicascashback LIVA — Ley 37/1992 del IVA art. 20.1.18.hTRLRHL — RDLeg 2/2004 de Haciendas Locales art. 78.1

Affects CompanyExpat · Non-residentIndividual

V0163-22 3 Feb 2022

ATM cash withdrawal services are VAT exempt and may require invoicing

SG de Impuestos sobre el Consumo

exenciónservicios financieroscajeros automáticosobligación de facturarretirada de efectivo LIVA — Ley 37/1992 del IVA art. 20.Uno.18º h)LIVA — Ley 37/1992 del IVA art. 164.Uno.3º

Affects CompanyExpat · Non-residentIndividual

V0306-21 19 Feb 2021

Withdrawing and redepositing cash into a bank account does not constitute income for Personal Income Tax (IRPF)

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponibleobtención de rentaretirada de efectivoreingreso de fondosacreditación de origen LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

V2633-20 12 Aug 2020

ATM cash withdrawal services are exempt from VAT

SG de Impuestos sobre el Consumo

exencióncajeros automáticosretirada de efectivoservicios financieroscomisión LIVA — Ley 37/1992 del IVA art. 20.Uno.18º.h

Affects CompanyExpat · Non-residentIndividual

V1113-20 28 Apr 2020

Withdrawing and redepositing cash into a bank account does not constitute a taxable event for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponibleobtención de rentaretirada de efectivoreingreso de dineroacreditación de origen LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

V3064-18 28 Nov 2018

Withdrawing cash from an account to make payments has no implications for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponiblecarga de la pruebamedios de pruebaretirada de efectivorendimientos LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 105

Affects CompanyExpat · Non-residentIndividual

V3279-17 21 Dec 2017

Withdrawing cash from personal accounts generally has no tax implications for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponiblerendimientosbase imponibleacreditación de origenretirada de efectivo LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

V1949-17 19 Jul 2017

Withdrawing cash from a bank account generally has no tax implications for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponibleretirada de efectivoorigen de los fondosrendimientosganancias patrimoniales LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

V4321-16 6 Oct 2016

Cash withdrawal fees are exempt from VAT, but the use of software applications is not

SG de Impuestos sobre el Consumo

exenciónservicios financierosretirada de efectivoprestación accesoriaaplicación informática LIVA — Ley 37/1992 del IVA art. 11LIVA — Ley 37/1992 del IVA art. 20.Uno.18º.h

Affects CompanyExpat · Non-residentIndividual

V3262-15 23 Oct 2015

Withdrawing and redepositing cash into a bank account generally has no tax implications for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponibleretirada de efectivoreingreso de efectivoacreditación de origenrenta LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

V3260-15 23 Oct 2015

The withdrawal and re-deposit of cash into a bank account do not, in principle, have tax implications for Personal Income Tax

SG de Impuestos sobre la Renta de las Personas Físicas

hecho imponibleretirada de efectivoreingreso de dineroacreditación de origenrenta LIRPF — Ley 35/2006 del IRPF art. 6LGT — Ley 58/2003 General Tributaria art. 89.1

Affects CompanyExpat · Non-residentIndividual

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