07 Feb 2026 5:44 PM:
Hello Maria,
A follow-up question, if I may:
You mentioned that "With joint accounts, the Spanish tax authority often presumes 50/50 ownership unless you can prove a different split (e.g., evidence the funds were entirely the father’s from the house sale).
In this case, all the funds (£150,000) came from the father's house sale. The father also receives on a monthly basis all the interest made on the funds.
With the above in mind, during the time the father is alive, does the son have to declare anything in his yearly Spanish tax return?
Thank you once again for your advice.
Forum thread:
Gift tax (Andalucia)
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