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V1374-20 ·12 May 2020 ·consulta-vinculante Medium impact
Tax

60% tax reduction on room rentals for students not applicable per academic year

A query was raised regarding whether a 60% reduction on the net income from renting rooms to university students is applicable during the academic year. The Directorate-General for Taxes (DGT) ruled that the reduction does not apply because the rental does not aim to satisfy a permanent housing need.

In 5 key points

How it affects those involved

Landlords renting rooms to students on a seasonal basis cannot benefit from the 60% tax reduction on net income, as these arrangements are not considered permanent residences.

Lifecycle

2020-05-12PublishedPublished 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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