Last updated: December 11, 2024
If you have bank accounts or investments abroad, the interest and dividends earned must also be declared. Here are key points:
- Double taxation treaties: As with other foreign income, you may apply the deduction for double taxation in certain cases.
- Withholding at source: Some countries apply a withholding tax on dividends or interest payments. You can deduct this withholding in your income annual tax report in Spain.
Documentary evidence: It’s important to keep official documents from the income’s country of origin, such as withholding certificates or bank statements, as the Tax Agency may request proof.
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