Skip to content
V1046-20 ·24 April 2020 ·consulta-vinculante Medium impact
Tax

Real estate income must be imputed for foreign properties that are not primary residences or do not generate income

The taxpayer asks whether they must impute real estate income for a property located abroad. The DGT rules that this is required if the property is not their primary residence and does not generate returns from real estate capital.

In 5 key points

How it affects those involved

This ruling clarifies the obligation for taxpayers to include the imputed value of foreign properties in their tax calculations, even in the absence of actual rental income, provided the property is not their main residence.

Lifecycle

2020-04-24PublishedPublished 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