Declaración de rendimientos

Domoblock will apply withholding tax on the income obtained from the sale of the project, in accordance with the following criteria:

• The taxable base will be equal to the capital gain, calculated as the difference between the total amount received and the initial investment.
• The tax rate applied by Domoblock to individuals or legal entities with tax residence in Spain is  19%.
  
  * This tax may be deductible for the investor under Personal Income Tax (IRPF) or Corporate Income Tax (IS).
  When? In the tax year in which the income is received, subject to certain exceptions.
  
  - For EU resident investors (resident in an EU Member State other than Spain), income accrued from a participative loan will not be subject to withholding tax, provided the investor submits a certificate of tax residence issued by their country of residence, confirming EU residency. If such certificate is not provided, Domoblock will apply a 19% withholding tax.
  
  -For non-EU investors, where a Double Taxation Agreement (DTA) in force between Spain and the investor’s country of tax residence provides for a withholding tax rate lower than 19%, the investor must submit a valid certificate of tax residence.
  If no certificate is provided, Domoblock will apply a 19% withholding tax.‍
• The withholding obligation will arise upon the maturity date agreed in the investment contract (Whitepaper) or when the returns are credited to the investor’s account, whichever occurs first.
• The settlement of the withholding by Domoblock will be carried out by means of form 123.

Although the primary responsibility for the taxation of income rests with Domoblock, it is important that each investor complies with their personal obligation to declare capital gains in their annual tax return. Depending on the country of residence and other income earned from loans or financial instruments, applicable tax rates may vary.

Investors must declare this income under the savings or investment income category, as capital income derived from the transfer of assets to third parties (Article 25.2 of the Spanish Personal Income Tax Law).

In the case of Spain, tax brackets are determined by law and are summarized below.