Treasury

See if the Police, DGT, Treasury or other organizations have done it

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Let’s tell you how you can know if any organization has investigated your personal dataand the information that the public administration has about you. It may have been the public administration, such as the DGT, the Police or the Treasury, or it may have come from somewhere else, such as a notary or similar. Because you have in your hand a tool that allows you to know every time your data as a citizen is accessed. It is about My Citizen Folderwith an option that is a little hidden among its many possibilities. And we’re going to tell you how you can watch it. Find out who has looked at your data The first thing you have to do is enter the application My Citizen Folderavailable on Google Play for Android and in the App Store of your iPhone. You can also enter through its official website. Inside, access mode Staffand log in through Cl@ve, electronic DNI, PIN code and Permanent code. Once you are inside My Citizen Folderyou have to click on the section My Folder that you have in the lower bar. This will take you to a menu where you have to click on the option Transparency what you will see in the tab My Data. On the screen Transparency you have to click on the option My exchanges between administrationsand once you do choose the option Between Organizations to be able to see which entities have accessed your data. This will take you to the screen Consultations between Agencieswhere you will see who has accessed your official personal data and the information that the public administration has about you. If necessary, you have a button Filters to be able to consult the reviews that have been made in specific periods of time. In Xataka Basics | News about My Citizen Folder: everything new you can do after its March 2026 update

Ukraine has been left without thousands of drones. An error classified them as electric cars, and the Treasury has fried them with taxes

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During World War II, the United States Army created entire systems classification and emergency purchases because normal bureaucracy was too slow to keep up with the pace of war. Eight decades later, Ukraine has discovered the same problem from the opposite side. Drone warfare crashes into bureaucracy. Ukraine has been transforming the front into a war laboratory automated where ground drones have become essential to transport ammunition, evacuate wounded or attack Russian positions without exposing soldiers. The problem is that, while kyiv was trying to accelerate this military revolution, the bureaucracy has ended up mistakenly classifying these unmanned vehicles within the same tax category than electric cars. When an old exemption for EVs expired on January 1, drones began paying a 20% VAT. The result has been devastating: according to the industry, the army could have bought some 5,000 additional drones only in the first half of 2026 if that tax had not come into force. Thousands of drones lost at the worst moment. They counted on Insider that the impact has been especially serious because it has arrived at a critical phase of the war. Ukraine is increasingly relying on autonomous systems to compensate for human and material attrition against Russia, to the point that Zelensky claimed that his forces carried out more than 22,000 missions with ground drones in just three months. kyiv wanted to acquire 50,000 units this year, but the new VAT skyrocketed costs, froze public contracts and left manufacturers whole for months. no state orders. Some companies drastically reduced production to survive, while others tried to reclassify their robots as armored vehicles to avoid the tax burden. A trapped military industry. The chaos also reflects how the military technological revolution is advancing faster than the laws themselves. Ground drones were so new within European and Ukrainian commercial standards that they did not even there was a category clear to classify them. When a former tax exemption for electric vehicles expired, the system automatically absorbed these military robots into the same regulations. The Ministry of Defense suddenly found itself with insufficient budgets and paralyzed purchasing processes because, technically, essential weapons for the front had no longer been considered. exempt military equipment tax. Manufacturers like Tencorecreator of the popular TermIT dronethey spent up to five months without public contracts and had to survive thanks to volunteer organizations that directly supply military units. In a war economy where many companies literally live from order to order, three months without state purchases is equivalent to little less than a heart attack industrial. The big problem is not just making weapons. The episode reveals something deeper about the evolution of modern warfare. For years, drones, artificial intelligence and automation have been talked about as the future of combat, but Ukraine is discovering that the bottleneck is not always in the technology. Sometimes it is in the administrationin legislation or in bureaucratic systems designed for peacetime. Russia and Ukraine are immersed in a race of constant adaptation where every month counts and where losing half a year due to tax procedures can have direct effects on the front. The sector itself calculates that the tax exemption would save about 200 million dollarsa gigantic figure for an industry that still depends on precarious financing and accelerated production. The problem is that even if Parliament now corrects the law, the damage has already been done: delayed contracts, lost capacity and thousands of drones that never made it to the battlefield when they were needed most. The paradox of the war of the future. The story perfectly summarizes one of the great contradictions of this war. Ukraine has become the country that has integrated autonomous systems the fastest in real combat and has built an ecosystem with more than 280 companies and 550 models different from ground drones. However, that same ecosystem remains dependent on sluggish state structures, legacy regulations, and legal frameworks unable to keep pace with military innovation. While the front is filled with robots that transport ammunition, evacuate wounded or attack Russian trenches without a human driver, the State continued to administratively treat them as if they were simple electric cars. The irony could not be more brutal: one of the most technologically advanced wars of the century lost thousands of combat machines not due to lack of industrial capacity or due to Russian attacks, but because the Treasury decided to apply the same tax treatment than to a civil electric vehicle. Image | x In Xataka | A Ukrainian stork has managed to outwit a Russian drone in flight. The video is the best clue about who will win the war In Xataka | Ukraine has been terrorizing Russian soldiers with its heavy drones for years. Now they are literally giving it back.

14,000 Spaniards live in Dubai. Not everyone is fleeing from the Treasury, but everyone is equally terrified of the missiles

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The Iranian attacks against the Arab Emirates in retaliation for the US and Israeli offensive have trapped thousands of Spaniards in Dubai, including content creators and celebrities who denounced their situation on the networks. And under the missile fire, a paradox: the city that promised security and zero taxes has been suffering for two days from an attack that could have devastating economic consequences. Spaniards in Dubai. After the attack by the United States and Israel on Iran On February 28, the response consisted of a wave of retaliation with 137 missiles and 209 drones directed against the United Arab Emirates, Qatar, Bahrain and other positions with a US military presence in the Gulf. The region’s airspace closed and tens of thousands of people were left without flights. Among them, Spaniards like Ofelia Hentschel, a MasterChef 9 contestant and content creator who released videos that, due to their content, quickly went viral. in them explained that, while on vacation in Dubai, he had begun to hear “bombs and tremors in the hotel” while sunbathing by the pool, and that air traffic was paralyzed. What made his case spread in an extraordinary way was that he claimed that the Spanish embassy “does not speak, does not answer”, while Italian and French citizens were receiving a response from their diplomatic representations. Frustration led her to the phrase “Stop paying taxes, because as you see they are of no use.” Ah, the irony. Hentschel is located in one of the favorite destinations of those have moved their tax residence outside of Spain precisely so as not to contribute to the taxes whose effect she now needed. This was not necessarily the case (Hentschel was awayis not a resident of the Emirates) but the phrase once again triggered a debate that already existed: that of the limits of reciprocity between the citizen who pays more taxes for having more income and the State. Less than 24 hours laternow calmer, Hentschel commented that she had been contacted by the embassy and that she felt “super supported by Spain.” More Spanish. Hentschel’s case was the most covered in the media, but not the only one. The Cordoba paddler Javi Garrido was in Dubai with his girlfriend and his coach, finalizing the preparation for the Gijón paddle tennis tournament. Garrido opted for a different tone than Hentschel, with a message of calm to his followers, where he spoke of the desire to return “as soon as possible.” His profile (elite athlete in the middle of preseason) points to another segment of the large group of Spaniards who at that time were in the Emirates for reasons that have nothing to do with tax evasion. It is also the case of Hugo KyotoSpanish who makes videos about investment and personal economy. Kyoto is closer to the profile that has been criticized: resident in Dubai, with content about money and investments and that the media noise identifies with those who settle there in search of tax advantages. Spanish expats. The Spanish community in the United Arab Emirates has grown steadily over the last decade. According to data from the Spanish Embassy in Abu Dhabi The Consular Registration Registry had 8,500 registered in 2024, although ambassador Íñigo de Palacio’s own estimates suggest that the real number could be closer to 14,000, given that around 38% of residents are not registered. Between 2022 and 2023, 404 new Spanish residents were registered, and between 2023 and 2024 that figure almost doubleduntil reaching 722. Among them, executives displaced by multinationals, engineers in infrastructure projects, airline and hospitality staff, and also a segment of content creators and digital entrepreneurs, undoubtedly the most in the media (and criticized). The real profile of the Spanish expat in Dubai is mostly work-related. In addition to that, the tax reality is more complex than simply transferring residence to the Emirates, which does not guarantee the end of tax obligations in Spain. The Double Taxation Agreement between both countries, signed in Abu Dhabi in 2006, establishes that only Emirati nationals can benefit from the status of tax residents in the UAE, and the tax authorities of the Emirates themselves They do not issue tax residence certificates for stays of less than twelve months. Influencers in danger. The attack has not exclusively affected Spaniards, and content creators from different nationalities They have reacted with a mixture of disbelief and terror to the attacks. The city that has been sold on numerous occasions as a synonym for safe luxury has shown this weekend in its skies the luminous trail of intercepted missiles. Dubai’s illusion of invulnerability has fractured in a few hours. Beyond the war. All this leads us to the fact that the logic of Iranian retaliation transcends the military. Tehran was targeting not only US military installations, but also the economic architecture of the region: the financial and logistical hubs of the Gulf that for three decades have functioned as a lever for the order that the US and Israel want to preserve. The attack on the Jebel Ali port, the Dubai international airport or the financial districts of Abu Dhabi are more than planned. They are not collateral damage. That’s why, with 88% of its GDP generated by expats, tourism, finance, aviation and maritime transport, a deterioration in the perception of security can produce a flight of these economic assets in the form of influencers and visitors. Dubai and Abu Dhabi had converted their security and stability on the basis of its attractiveness, and the Iranian missiles brought out such accurate tweets like that of investor TK Robinson in X: “I moved to Qatar to escape taxes; now I’m fleeing missiles.” Header | Darcey Beau in Unsplash

This is what we know about the alleged ‘hacking’ of the Treasury

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From names and ID numbers to names and bank account codes of more than 47 million taxpayers in Spain. That is, at least, the information that a cybercriminal claims to have obtained from the Ministry of Finance, and that he would be offering in at least one of the many forums dedicated to trading stolen data. The question is inevitable: are we facing a real leak? And, whatever happens, what should be done in a scenario like this? Let’s go in parts. The alleged leak. As Hackmanac points outon January 31, a publication appeared in a forum frequented by cybercriminals in which a user called ‘HaciendaSec’ stated the following: “Today I am selling the updated Treasury database that contains the information of 47.3 million citizens.” In that same message, he detailed that the file supposedly included information associated with taxpayers such as: ID DNI/NIF Full name Address (type of street, address, address details, postal code, province, municipality, town) Telephone (country code, telephone) IBAN Email Last collected Total collection Capture of the forum with part of the information hidden for security The usual goal: make money. It’s no secret: the main driver of cybercrime is usually money. And this case fits perfectly into that pattern. ‘HaciendaSec’ is offering these supposed data in exchange for financial compensation. We do not know the price of the database, but we do know the terrain in which these actors usually operate: payments in cryptocurrencies, a channel that allows them to receive illicit funds reducing, at least in theory, the possibilities of being tracked and identified. The big question: has Treasury data been leaked? Here comes the key point. If we stick to the story of ‘HaciendaSec’ itself, it would be “an updated database.” The problem is obvious: to what extent is the word of a criminal reliable? The user includes a supposed “sample” of the data, but this type of evidence says little on its own and does not confirm the real scope of the incident, or even if it exists as such. In these types of cases it is advisable to maintain skepticism: sometimes these are recent and legitimate leaks, but other times we are dealing with compilations of other breaches, data that has already been circulating for a long time, or outright hoaxes designed to sell smoke (and make money). What the Treasury says. From Xataka we have contacted the Treasury to request comments on this matter. The official response, for now, is that they have no indication that their systems have been compromised. Of course: they also tell us that those responsible for security are working to rule out any type of intrusion. So, for now, we have to wait for more clarity about what happened. But in the meantime, it is advisable not to sit idly by. What to do about the alleged ‘hacking’ of the Treasury. As things stand, we have two different levels: what the author of the publication claims and what the Treasury maintains, which maintains an internal investigation without conclusive signs of compromise. In such a scenario, the most sensible thing is to act prudently and take preventive measures. In short: be attentive, distrust by default and verify before accepting anything as good. Anti-spoofing tools. We should be attentive to the campaigns phishing and impersonation, which is where many people end up falling. The Tax Agency remembers that it never requests confidential, economic or personal information, account numbers or card numbers from taxpayers by email, SMS or Bizum, nor does it attach annexes with invoice information or other types of data. Additionally, he recommends: Do not open messages from unknown or unsolicited users, delete them directly. Do not respond under any circumstances to these messages. Be careful when following links in emails even if they are from known contacts. Be careful when downloading email attachments, even from known contacts. Images | Treasury | freepik In Xataka | How often should we change ALL our passwords according to three cybersecurity experts

This year’s El Gordo is not in the Lottery. There are Christmas baskets that offer fortunes and the prize does not go through the treasury

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The Christmas basket, today converted into an almost mythological object of the work calendar and Spanish commercialwas not born as an innocent gesture or as a marketing strategy, but as a very ancient expression of power, hierarchy and dependence. If the Romans raised their heads today they would not believe it: their sportula is no longer a simple basket, it is something much bigger than the Christmas “Gordo” himself. Literally, From Rome to the draw of the 21st century. In imperial Rome, during the Saturnalia in December, patrons gave their clients the sportula: a wicker basket with quality food (figs, bay leaves, select products) that was offered during the morning greetingthe morning ritual in which the protected came to pay respect to the patron. That basket It wasn’t just food.: It was a tangible reminder of who protected whom and how subsistence was articulated around personal relationships of fidelity. Centuries later, this logic reappeared in other forms in the Anglo-Saxon tradition of Boxing Daywhen the wealthy classes distributed boxes with gifts to their domestic servants, and also in the medieval ecclesiastical sphere, where the “Christmas boxes” functioned as donations to the most disadvantaged. The central idea was always the same: close the year with a material gesture that strengthened social, work or moral ties. The Spanish basket. In Spain, the Christmas basket began to consolidate late 19th century in public organizations and administrations, but it was not until the 1950s when it became widespread as a recognizable business gift, first in the public sector and later in the private sector. Those baskets, wicker and almost Roman in appearance, combined Christmas sweets, sausages, cheeses and bottles of wine or cava, and were usually delivered along with the extra pay. They were not a luxury, but yes a symbol: the worker brought home something that was opened as a family and consumed on key dates, integrating the world of work into the domestic ritual of Christmas. As the decades passed, the lot stopped being an accessory and became an identifying gesture of the company, an object that spoke of both the budget and the corporate culture. From ham to musical. The social and labor evolution of the country has been pushing the basket to transform without extinction. Generational diversity, changes in consumption habits and new food sensitivities have made the unique model stop working. Today, traditional baskets coexist with digital catalogs where employees choose between technological products, cultural experiences or gourmet gifts. The whole ham gives ground to slicing for economic, practical and demographic reasons, and high-proof beverages are reduced. Vegan, gluten-free or alcohol-free batches appear, and more care is taken with design, sustainability and the continent. However, even those driving the change recognize that a “romanticism” that is difficult to replace persists: the experience of coming home with a box, opening it as a family, and associating that moment with the recognition of the work done during the year. An industry that lives on a month. Behind this apparently simple gesture there is a highly specialized economic sector that concentrates a good part of your billing in just three months. Companies that think about baskets all year round, that negotiate with suppliers, adjust prices in response to inflation of ham, cocoa or oil, and that have survived crises like that of 2008 by becoming professional and gaining scale. Large stores and wholesale distributors move hundreds of thousands of lots each campaignfrom modest baskets of less than 10 euros to premium proposals that exceed 1,000. At the same time, the basket has also become a delicate tax area: it is a remuneration in kind when the company delivers it, a capital increase when it is won in a raffle, and a detail that, depending on its value, may require taxation. That fiscal component, paradoxically, has driven some of the most striking innovations. Promotional image of the “basket” of El Paisano When the basket surpasses the Gordo. The definitive leap from the symbolic to the spectacular comes when the basket stops being a set of foods and becomes a great vital draw. The best-known case this year is that of the grill The Countrymanin the province of Seville, which since 2008 has been expanding its “Great Basket of Kings” until reaching a value in 2025 close to 850,000 eurosa figure that doubles the net prize of one tenth of the Gordo de Navidad. High-end cars, motorhomes, motorcycles, an apartment on the coast, technology, gold bars and food coexist in a single prize that, in addition, is awarded with taxes and expenses assumed by the organizer. For ten euros of participation, the winner can wake up with a completely different material life. Here the basket stops being a metaphor and becomes an economic, media and social event. The bizarre thing is also Christmas. But if anything shows how far this tradition has come, it is its ability to embrace the unusual without complexes. In Ourense, a funeral home decided to put together its Christmas basket inside a coffin displayed in the window. The content, valued at 2,300 eurosincludes everything from technology and appliances to ham and sweets, and the coffin itself can be carried “if the whim is too much.” Far from being a gratuitous provocation, the raffle has a solidarity purpose and seeks to energize the life of the neighborhood. The scene well summarizes the contemporary spirit of the basket: an object that no longer fears excess, uncomfortable humor or exaggeration, because its main function is to attract attention, generate community and close the year with a story to tell. Tradition that was never innocent. As we see, since the sportula roman to the basket that is raffled in a coffin or the one that is worth more than the Fat Man without going through the Treasurythe Christmas basket has changed in form, content and scale, but not in profound meaning. Deep down it is still a closing ritual, a material transfer loaded with social meaning, or a way of saying “you … Read more

Do not make mistakes with the Treasury when collecting it

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Statistically, the probability of touching you The Christmas Jackpot is 0.001%. However, has touched you and, suddenly, everyone has a plan for your money. The joy is real, but so are the doubts. How much money really reaches your account, what silly mistakes can turn into a prize in a problem and, above all, what you should do with that money to avoid the “lottery effect” and in five years you will be left without money and with more debt than you have now. No joke, many lottery winners they have ended up ruined. To avoid any scares, we have consulted with Aitor Fernández, head of the tax area of TaxDownto tell us how to avoid surprises with the lottery. A prize clean of dust and straw. In the case of the Christmas Lottery, the key tax rule is the “special tax” that the Treasury applies, in which the first 40,000 euros are exempt from taxation, and a 20% withholding is applied to the rest. “You do not receive the 400,000 euros of the first prize, but you directly receive 328,000 euros because the bank already applies the withholding on account of taxes,” says Aitor Fernández. “Only those prizes lower than 40,000 euros, which is the exemption limit.” “The positive part is that you don’t have to do anything to the Treasury, you will receive the net amount.” Of the 400,000 euros, the first 40,000 are exempt, so 20% is applied to the remaining 360,000 euros. This implies a withholding of about 72,000 euros in taxes. Therefore, the bank will give you a total amount of 328,000 euros when collecting the first prize. The calculation is the same for second and third prizes. The fourth and fifth prizes are tax free because its amount is less than the 40,000 euros established by the Treasury. The tenth is shared, not the taxes. A custom almost as deep-rooted as the Christmas Lottery is share the tenths with co-workers, friends or family. However, when it comes to collecting it, a decisive factor must be taken into account: who collects the prize. The temptation is for the person who has the ticket to go to the nearest bank to deposit their tenth and then distribute it among the rest of the group. This is the biggest mistake. As the tax expert highlights, “if a single person collects and then distributes, the Treasury can interpret it as a donation, so it is advisable to record the participants and percentages from the moment of collection.” In this way, the bank itself distributes the prize and withholds its share of taxes from each participant. Otherwise, the Treasury could demand from the person who collects it the payment of Inheritance and Donation Tax, especially taxable when it comes to donations when there is no relationship. Is it awarded? I buy it from you. From Gestha warn to the winners of the main Christmas Jackpot prizes that people may appear interested in buying the winning tenth for an amount greater than the prize itself. It looks like a double stroke of luckbut in reality it is the prelude to possible problems for the winner, both with the Treasury and with Justice. This is a fraud that involves an unjustified increase in assets (when you win the lottery there is evidence of its origin), so it is no longer governed by the same “special tax” of lottery prizes, but rather by the maximum of the autonomous community of residence. Furthermore, he would incur a crime of money launderingwhich would also have problems with the law for it. As Fernández highlights, “it is neither free money nor fiscally innocuous.”​ A very distributed Gordo…in Finland. There are more and more Spanish workers who They emigrate to other countries to workeither tourists coming to Spain and participate in the Lottery tradition with friends or family from Spain. How are these prizes taxed for non-residents? The AEAT classifies lottery prizes for non-residents by linking them to the same special tax that applies to residents. That is to say, in principle, nothing changes and from the outset the same withholding is applied as to any resident. However, Aitor lands it “when you are going to collect, this person has to identify himself and the tax is 20 percent. The impact is the same. Where it gets complicated is later, since here the double taxation agreements and there we will have to see in each country”, because the country of residence can require to declare income or request a refund of what was paid in Spain, and even adjust the taxation by requesting a refund of part of the amount paid in Spain and pay tax on a percentage in the country of residence. Tips to avoid going bankrupt: use common sense. According to a study of the Universitat Oberta de Catalunya, only 49% of the adult population has financial knowledge, so finding yourself overnight with more than 320,000 euros in your current account “can lead to making illogical and irrational decisions regarding businesses or very expensive purchases,” says Mireia Cabero, professor of Psychology and Educational Sciences Studies at the UOC. In this scenario, the TaxDown expert recommends using common sense and, above all, forget about the rush. “We no longer have to pay taxes again for the prize we have received for having it in the bank. Without doing anything, that money will not be taxed again, unless we already have a lot of assets and we have to declare the Wealth Tax. Normally winning the lottery is not going to get you into the Wealth Tax”, so he recommends letting that money “rest” until you have a plan of what to do with it. In addition to staying calm, Fernández recommends “let a few days pass, get advice, learn a little about the investment options that exist, see what to do with this money and what investments we are comfortable with and always reserve something so as not to put all our eggs … Read more

There is so much misinformation with the Treasury and private payments in Bizum that the Treasury has had to come out to deny them

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In recent days, Bizum has become an unexpected protagonist of the tax debate in Spain as a result of the reform on operations communications that financial institutions must send to the Treasury. Given the confusion generated, the Tax Agency has published an official clarification to clarify what really changes and what does not in the communication of payments made through Bizum. What the Treasury has had to clarify. The Tax Agency has published an explanatory note to stop the idea that Bizum is going to impose massive control of payments between individuals. As explained in his note, there is no change in the taxation of individual users or in the obligation to declare the daily payments that individual users make through Bizum. What does change is the information that banks must send to the Treasury about certain payment systems. Bizum becomes explicitly included along with other means such as credit cards, debit cards or other electronic platforms. But this information obligation does not apply in the same way to all users. The key nuance is who uses Bizum and for what purpose. And that is where the confusion skyrocketed and the private use of the platform was confused with the professional use and supervision of those payments through Bizum. The reform that caused it all. The origin of the controversy is in the regulatory reform that regulates communications between financial entities and the Tax Agency, recently published in the BOE. This text establishes that banks must report all movements made through electronic payment systems when the recipient is a company or professional. That is, Bizum is comparable to other common collection methods in economic activity. If a business, a self-employed person or a company receives payments through Bizum, these movements must be fully communicated to the Treasury, just as occurs with card payments. These payments will be included in your accounting books and tax regulations will be applied to them. like any other paymentand the tax entities will communicate the existence of these payments by identifying the bank or payment accounts through which these charges associated with the company are made. The standard does not introduce a new obligation for businesses, but rather standardizes the treatment of Bizum with other payment systems that were already under that level of control. What happens to private users?. The Treasury clarification is blunt on this point: individual users are left outside the individualized control of each movement when they use Bizum for day-to-day payments: shared dinners, gifts, money refunds or small payments between friends are not communicated in detail to the Tax Agency. There is no new threshold, no obligation to declare each transfer, nor automatic monitoring of daily operations between natural persons. In that sense, Bizum continues to work the same as it has until now for the majority of users. The exemption, however, does not mean carte blanche from a tax point of view. And this is where the second important nuance about the use of Bizum comes in, understood as a payment channel that has already been equated with any other existing payment system. Bizum is only a payment channel. In a own statementBizum wanted to clarify that the exclusion of individual users from automatic reporting does not eliminate their tax obligations. The platform insists that the payment method (Bizum, in this case) does not change the nature of the income. Yeah a user charges a rent by Bizum and does not declare it, it is still taxable income. If you receive a donationmust pay taxes in accordance with the corresponding regulations. And if you use Bizum for a hidden economic activity, the Treasury can demand liability in the same way as if the payment had been made in cash or by transfer. The key is in the concept of payment, not in the payment channel used. Bizum does not inspect or exonerate itself, it simply channels payments. The obligation to declare depends on the origin and purpose of the money. SMEs and microenterprises. By equating Bizum with other payment systems and differentiating between individual users and companies, there is a risk of diluting the limit in cases where the holder of a bank account belongs to the 5463% of sole proprietorship SMEs in which a self-employed professional develops his profession and uses a single checking account to receive his Bizums, both personal and professional. As and as they recommend from Bizum, in these cases, it is essential to identify the specific cause of each payment received through Bizum or, to avoid problems, separate payments from Bizum directed to the professional activity of the personal Bizum into different accounts. In Xataka | Bizum and the Treasury: what changes in the control of transfers after eliminating the 3,000 euro threshold

If you bought your house before 2013 and paid off the mortgage with its sale: The Treasury owes you money

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If you bought your house before 2013 we have good news for you: now you will be able to recover up to 1,356 euros on your tax return thanks to an important change in the way in which the Treasury recognizes mortgage deductions. If you used the money from the sale of your home to pay what you mortgage pendingthis change in Treasury doctrine can directly affect you. The new resolution of the Central Economic-Administrative Court (TEAC) opens the door for thousands of taxpayers to review their statements from recent years and request returns that they couldn’t ask for before. An opportunity to save on rent. The Central Economic-Administrative Court (TEAC) has dictated a change of doctrine in a resolution in which he has clarified that, if you use part of the money from the sale of your house to pay off the remaining mortgage, you can also deduct that amount on your income tax return. This changes the way the Treasury saw things until now and may mean recover more money on your taxes. Previously, you could only deduct mortgage payments while you lived in the house and owned it. If you sold the home, you lost the deduction from the day of the sale, even if you used part of the money to pay off the mortgage. An example to understand it easily. The TEAC resolution has been based on the binding consultation of a taxpayer from Santa Cruz de Tenerife, so his case can serve as a practical example. This taxpayer sold his home in June 2018 and used 10,202 euros of the amount obtained from the sale to pay off the mortgage. At that time, the Treasury only allowed him to deduct the installments paid until May, the month before the sale of the home, because the cancellation payment for the same, although it is part of the investment in that home, was no longer counted because it was no longer his property. With the new TEAC criteria, this cancellation with the money from the sale can also be deducted and therefore the excess withholding in personal income tax that was not previously recognized can be recovered. This represents a real change for those who have sold their house and paid off their debt with the money from the sale, since their right to the deduction does not disappear the day they sell the house, but remains in force as long as they use that money to pay the cancellation of their mortgage. Conditions to access the deduction. As and as they remember in IberleyIn order to benefit from this deduction, a series of conditions must be met. The first condition is that the home had to be your habitual residence until the moment of selling it. The second condition is to have purchased that home before 2013 and to have applied the personal income tax deduction prior to its sale. The maximum base for calculating the deduction is 9,040 euros per year, and the Treasury allows you to deduct 15% of what you pay for the loan. That leaves a maximum deduction of 1,356 euros per year which, if you had not applied it after the sale of the home, you can now claim if applicable. Review of declarations from 2021. From Idealistic stand out that, although this deduction is only for those who bought before 2013, those taxpayers who have sold their home and canceled the mortgage since 2021 can review their returns to see if the personal income tax deduction was correctly applied, including that final cancellation amount. This means that there may be pending returns for those who did not claim it at the time and meet the requirements in the years between 2021 and 2024, as long as their term has not expired. In Xataka | Just in case Madrid had few problems with housing, now it adds one more: US millionaires investing in the city Image | Wikimedia Commons (Jordiferrer, Ruth Leong)

If the question is how much money you can donate to a child without declaring it to the Treasury, the law makes it clear: none

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An increasingly widespread trend among millionaires is the Do not leave inheritance To your children. Bill Gates either Warren Buffett There are good examples of this new trend that seeks to convey the heritage of parents to children in alternative ways. However, it is not necessary to go to fortunes so bulky to meet cases of parents who want to convey part of their heritage to their children when they are still young. Patrimonial donations and movable property. According to him Article 618 of the Civil Code“Donation is an act of liberality by which a person has one thing for free in favor of another, that accepts it.” Thus, as defined by the regulations on the Inheritance and Donations Tax, Donating money, goods or any other form of patrimony to children will be considered as a donation by the Tax Agency. That implies that the donation must meet a series of characteristics and pay similar taxes to those that would be paid in case of inheritance without any limit value. Namely: Plusvalía tax, IRPF and Inheritance Tax and Donations. When donating money seems simpler, but Hacienda Vigila. If, as in most cases, the donation consists of an amount of money not very high, temptation is simply giving it to it. But how much money can you give a child without declaring it as a donation? The law does not establish any type of limit that forces donations to declare, so, technically, it would be donation to even give it a euro. However, such and as indicated From lawyers and inheritances, it is not common for the Treasury to pursue the small deliveries of money or gifts of little value. Nevertheless… Finance can request bank information by detecting certain movements due to the regulations of Prevention of capital laundering and terrorism financingso keep it in mind: Income of more than 3,000 euros in cash to review that its origin is justified profits. Income in 500 euros tickets. They are the most monitored tickets by the Treasury because they are used for criminal activities. Entering a large amount of cash in these tickets will sow many suspicions. Recurring income. The entry of a fixed, periodic amount and from the same origin, indicate some type of commercial transaction and the Treasury will show interest in their nature. The small amounts sent to the same account in a short period of time have the same effect Transfers Entities notify the credits of more than 6,000 euros, and transactions of 10,000 euros or more. Whether they are bank transfers and cash movements. How do they pay children’s money to children? Donations, like inheritances, are taxed by the Donation and Succession Tax. Each autonomous community manages this tax under its criteria, so taxation will depend on the Autonomous Community in which the donor has resided in the last five years. Madrid, Basque Country, Murcia, Castilla-La Mancha, Asturias, Balearic Islands, Canary Islands, Galicia, Extremadura, La Rioja and Navarra are exempt from this tax or bonus it to 99.9% for spouses, parents and children. Andalusia bonuses 99% and other communities apply exemptions of up to 400,000 euros. If the donation exceeds that limit, it must be taxed by it. It is not a donation, but I “preside”. If what is intended with donation is to help financially in a complicated stage, there is an alternative to donation: formalize a loan without interest. This assumption is not subject to taxes or expenses and it is only necessary to formalize a private loan contract and the donor will have to submit the settlement of the property transmissions tax at zero cost. However, in that document the deadlines and the way in which the money will be returned, which can be extended both in time as desired, will be specified, which makes it especially interesting for the donation of large sums of money. What if the donation is not declared? If you choose not to declare the donation and hacienda, it detects that money has been received without justifying its origin, it will be interpreted as an unjustified assets. In that case, such and as indicated the OCU, a Taxation of the IRPF to the marginal type that can reach up to 56% of the donated amount, plus the corresponding sanction. In Xataka | Why Millionaires like Zuckerberg and Gates decide not to leave their children with their children? Image | Unspash (Alexander Gray) *An earlier version of this article was published in July 2024

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