Skip to content
V0064-19 ·11 January 2019 ·consulta-vinculante Medium impact
Tax

Perception of a retirement pension prevents Wealth Tax exemption if personal and direct management of activity is required

The inquirer asks whether retiring would result in the loss of Wealth Tax exemption and Inheritance Tax reductions. The DGT rules that retirement prevents the personal and direct management of the business activity, which is a necessary requirement for the exemption.

In 6 key points

How it affects those involved

Taxpayers managing a business personally may lose specific tax benefits upon retirement if the activity requires direct management.

Lifecycle

2019-01-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact