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Declaring gift to Spanish Authorities

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Declaring gift to Spanish Authorities

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Old Aug 22nd 2020 | 7:35 pm
  #16  
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Joined: Aug 2009
Posts: 3,670
From: Costa Blanca
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Default Re: Declaring gift to Spanish Authorities

The first thing a tax man/woman learns!
 
Old Aug 22nd 2020 | 7:57 pm
  #17  
Lost in BE Cyberspace
 
Joined: Aug 2006
Posts: 5,429
From: Velez-Malaga
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Default Re: Declaring gift to Spanish Authorities

Originally Posted by Fred James
Another example of what the Hacienda can do is the money the state gave you under the car scrappage scheme. The money they gave you, €2000, was taxable. Give it with one hand and take it away with the other!
For several years I had a subsidy towards my IBI bill, amounting to about €260 per year (40% of the annual bill). It was taxable (and when I filled in the catastral reference for the property on my tax return, it automatically adjusted the figures to include that, so the systems were linked).
 

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