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V0085-23 ·23 January 2023 ·consulta-vinculante Medium impact
Tax

Rental properties may be exempt from Wealth Tax if they are considered an economic activity

A professional inquires whether their leased properties may be exempt from Wealth Tax upon hiring a full-time employee. The DGT indicates that the exemption is possible if the activity is economic, carried out habitually, personally, and directly, and constitutes their main source of income.

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2023-01-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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