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V1407-15 ·5 May 2015 ·consulta-vinculante Medium impact
Tax

No imputation of immovable rental income to holder of bare property when usufruct is reserved

A Spanish tax resident asks whether she must impute immovable rental income while holding a share of bare property, with her parents retaining the usufruct. The DGT confirms no such imputation is required.

In 5 key points

How it affects those involved

Taxpayers holding bare property without usufruct rights do not need to impute rental income when the usufruct is retained by others.

Lifecycle

2015-05-05PublishedPublished 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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