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V1474-20 ·19 May 2020 ·consulta-vinculante Medium impact
Tax

COVID-19 state of alarm period cannot be excluded from imputed real estate income

A taxpayer inquired whether they could cease imputing real estate income for their second home during the COVID-19 lockdown period. The Directorate General for Taxes (DGT) ruled that the law does not provide for this circumstance as a basis for exclusion.

In 5 key points

How it affects those involved

The ruling confirms that the obligation to declare imputed income on secondary properties remains mandatory, even during periods of mandatory confinement or state of alarm.

Lifecycle

2020-05-19PublishedPublished 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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