Withholdings and payment on account
What they are, when you should apply them and your obligations as a withholder
When do I have to make the withholding or account deposit?
In general, the obligation arises at the moment in which you satisfy or pay the income.
In the income from movable capital the obligation arises:
At the time they are due or at the time of payment or delivery if earlier;
At the time of transmission, amortization or reimbursement if the returns derive from the transmission, amortization or reimbursement of financial assets.
In capital gains, the obligation to retain and deposit on account arises:
If the gain derives from the transfer or redemption of shares or participations of collective investment institutions, when the transfer or redemption of the shares or participations is formalized.