Wednesday, 22 July 2026

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Bank transfers

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Illustrative image: a computer keyboard with a blurry screen showing a bank transfer form at sunset, with backlighting and long shadows.

Transfers to Relatives: The €10,000 Limit That Tax Authorities Require to Be Declared

Tax authorities require declarations for transfers to relatives over €10,000. Undeclared donations may incur fines of up to 50%.