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V0990-16 ·14 March 2016 ·consulta-vinculante Medium impact
Tax

Urban regeneration grants classified as income from economic activity

A property owner sought clarification on the tax treatment of an urban regeneration grant received during a residential building development. The Directorate General for Taxes (DGT) ruled that real estate development constitutes an economic activity and, therefore, the grant must be taxed accordingly.

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2016-03-14PublishedPublished 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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