Acquisitions transferred due to death. Form 650
Acquisition of property and rights by inheritance, bequest or any other succession, and receipt of amounts by beneficiaries of life insurance contracts, when the contracting party is a person other than the beneficiary.
Who is obliged to file it
They are required to do the following when they are natural persons:
- Non-residents in Spain who are heirs, legatees or beneficiaries of a life insurance policy (when the assets or rights are in Spanish territory and the insurance contract has been made with Spanish entities or with foreign entities that operate in Spain).
- Residents in Spain who acquire assets (inheritance, legacy, etc.), or are beneficiaries of a life insurance policy, from a deceased person who did not have their tax residence in Spain
- Residents who are beneficiaries of life insurance that is not added to other assets and rights received by inheritance.