The Tax Office works every day to combat money laundering, fraud or corruption. tax evasion. To do this, it increasingly checks the money movements of users and companies in banks, detecting any potentially suspicious activity.
To this end, the Treasury is in close contact with banking institutions, which are obliged to report any strange behavior in their customers’ accounts. Depositing a large amount of money, permanent income, loan or check to the bank… These are actions that will ring alarm bells, and therefore it will always be necessary to justify the source of these amounts.
Movements exceeding 6,000 euros in loans or transactions will be reported directly to the Treasury.with. Also all transactions whose amount is equal to or greater than 10,000 euros. An obligation that will affect both cash movements and bank transfers.
Transactions like transfers between family members will always be subject Inheritance tax and donations. The corresponding percentage will have to be paid according to the money donated and the autonomous community in which the action is carried out. If these transfers do not exceed 6 thousand euros, nothing will happen. If they do, they will reach the Treasury. The same situation occurs in transactions of 10 thousand euros and above.
If what we’re talking about is a debtHere’s what comes into play Property Transfer Tax (IPT). The beneficiary will be required to make the relevant self-assessments via form 600 and within a 30-day period, but nothing will be paid towards the tax.
In case of resorting to a solution loan between family membersmust be developed correctly, that is, fulfills its main feature: money back. Covered loans face fines from the Tax Office.