Unexplained parental gifts

The tax administration has identified thousands of cases of parental benefits with money from the mattress.

That is, parents deposited cash into their children's bank accounts, while the legislation explicitly states that parental benefits must be made by bank transfer or bank check. In all these cases the tax office assessed a tax of 10%.

At the same time, donations of sums of money were identified from brother to brother, where no tax-free limit applies and, in fact, because the origin of the money was not justified, in addition to the donation tax (20% on the amount from brother to brother), fines were also imposed for the increase of property from an unknown source.

Of the thousands of cases that have been examined by both the tax authorities and the Dispute Resolution Directorate, taxpayers have been found to try to circumvent the legislation with a...