The donee (who receives the donation) pays the Inheritance and Donations Tax (ISD). Taxation varies greatly by autonomous community:
- Communities with high rebates: Madrid (99%), Cantabria (100% among direct relatives), Balearic Islands, Canary Islands — donations between parents and children have minimal fiscal cost.
- Communities with medium taxation: Galicia, Castile and León, Andalusia — partial rebates according to kinship and amount.
- Communities with higher taxation: Catalonia, Valencian Community, Aragon — higher rates although with some reductions.
The general rate ranges between 7.65% and 34% depending on the value donated, the kinship, and the pre-existing assets of the donee.
Consult with our team to calculate the exact tax burden according to your autonomous community.