Gestha urges Spain to restore €2,500 lottery prize tax exemption
Spanish tax officials’ association Gestha called for the return of a €2,500 tax-exempt threshold for prizes from SELAE, ONCE and Cruz Roja lotteries. It also urged stronger tax and anti-money-laundering investigations into lottery winnings paid to companies and non-residents, arguing that the current treatment merits review.
The proposals could change lottery prize taxation and scrutiny of winnings paid to organisations and non-residents.