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V1011-20 ·22 April 2020 ·consulta-vinculante Medium impact
Tax

Property income attributed to co-owners based on legal ownership

A consultant and her daughters, co-owners of Spanish property, ask how to declare rental income if they move their residence to Russia. The DGT responds that income must be allocated to each owner in proportion to their share of ownership.

In 6 key points

How it affects those involved

Co-owners of Spanish real estate must declare rental income according to their legal ownership percentage when relocating abroad.

Lifecycle

2020-04-22PublishedPublished 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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