Cash payment complaint
You can notify the Tax Agency of non-compliance with the limitation on cash payments with an amount equal to or greater than 1,000 euros (10,000 if the person making the payment is a natural person who does not act as the owner of the professional company without tax domicile. in Spain).
Limitations on cash payments
Operations in which any of the parties involved act as the owner of the company or professional, with an amount equal to or greater than 1,000 euros (or its equivalent in foreign currency) cannot be paid in cash.
The above amount is 10,000 euros (or its equivalent in foreign currency) when the person paying is a natural person who can justify that they do not have their tax domicile in Spain and do not act as a business or professional person.
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 means, designed to be used as a means of payment to the bearer.
Those involved in operations that cannot be paid in cash must keep proof of payment for five years from the date of payment, to be able to prove, if required by the Tax Agency, that the payment was made through any of the means payment methods other than cash.
This limitation does not apply to payments and receipts made at credit institutions or to cash exchange transactions carried out by currency-exchange bureaux.