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V1121-25 ·26 June 2025 ·consulta-vinculante Medium impact
Tax

Assets of a foundation not included in Wealth Tax if not owned

The taxpayer asks whether assets of a German foundation, of which they are neither owner nor beneficiary, should be declared in their Wealth Tax return. The tax authority responds that, as the foundation has its own legal personality, its assets do not belong to the taxpayer and should not be included in their declaration.

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2025-06-26PublishedPublished 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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