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Modelo 123, withholding tax on capital income

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Modelo 123 — retención sobre rendimientos de capital

Who needs it

A company paying dividends, interest, or similar must submit Modelo 123.

When needed

Quarterly or annually, depending on volume.

Where to get it

Hacienda online.

Timeline

Quarterly within 20 days.

Faster with Key4Spain

Cita previa

No.

What to bring

  • •Company NIF
  • •Information on payments and withholdings

Common mistakes

  • âš Missing deadlines
  • âš Not including all payments

What to say at the counter

I need to submit Modelo 123 for withholding taxes on dividends. (Necesito presentar el Modelo 123 por retenciones sobre dividendos.)

Official source
Key4Spain service

Handling this via Key4Spain ensures 0% margin for error.