Author: Flaminia Baldella Borrowing money from friends or f amily can feel informal, quick, and stress‑free—especially when compared to dealing with banks. In Spain , however, this financial help brings tax implications that many people often underestimate . Even small, interest‑free loans between loved ones can raise red flags with the Spanish Tax Authority (Hacienda) if they are not structured correctly. This article explains how to legally protect yourself when borrow