Transferring money or assets within a family does not always exempt recipients from taxes. Standard gifts up to €500 and household items are tax-free. For close relatives, the threshold rises to €5,000, typically requiring neither tax nor declaration. However, gifting real estate—even to family members—triggers a 0.8% tax on its assessed value. For non-relatives, a 10% rate applies. If a gift must be declared, it should be reported by the end of the third month after the transfer. Asset types are treated differently, and real estate or vehicles must always be declared, even if no tax is due. Material taken from https://t.me/s/lepta