Economy

Fines for those who camouflage a donation as if it were a loan: in these cases

Fines for those who camouflage a donation as if it were a loan: in these cases

The The Tax Agency is clear about the consequences of trying to hide a donation under the guise of a loan. These practices can lead to significant financial penalties, in addition to the obligation to pay the corresponding taxes. Donations, regulated by Law 29/1987 on Inheritance and Donation Tax, are ...