Requirements for exemption from Wealth Tax on shares in civil entities

Consultants inquire whether their shares in a civil society engaged in aesthetics may be exempt from Wealth Tax. The DGT states that the applicable exemption is for shares in entities (Art. 4.8.2 LIP), provided the requirements relating to economic activity, share percentage, and directorial functions are met.

Holders of shares in civil societies engaged in aesthetic activities may qualify for Wealth Tax exemption if they meet specific criteria on economic activity, shareholding percentage, and directorial roles.