Cash payment complaint
You can inform the Tax Agency when a payment is made in cash for an amount equal to or above the set limit of €1,000 (€10,000 if the payer is an individual who is not acting as a professional businessperson with a foreign tax address).
Limitations on cash payments
1,000 or more (or the equivalent in foreign currency) may not be paid in cash for transactions in which one of the parties involved is acting as a trader or professional.
However, the aforementioned amount shall be 10,000 euros or its equivalent exchange value in foreign currency when the payer is an individual who justifies that they are not resident in Spain for tax purposes and that they are not acting as a trader or professional.
To calculate the above amounts, the amounts of all transactions or payments into which the delivery of goods or services may have been split are added together.
They are considered means of payment:
- Bank notes and coins, whether Spanish or foreign.
- Bank checks made out to the bearer in any currency.
- Any other physical means, including electronic payment, intended to be used as a means of payment to the bearer.
Those involved in transactions that cannot be paid in cash must keep proof of payment for five years from the date of payment, in order to be able to prove, if so required by the Tax Agency, that the payment was made by any of the non-cash means of payment.
This limitation does not apply to payments and receipts made at credit institutions or to cash exchange transactions carried out by currency-exchange bureaux.