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MEDIUM
FISCAL

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

V1121-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V1121-25
Published
26 Jun 2025

Summary

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.

In 6 key points

Lifecycle

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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