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V1556-21 ·25 May 2021 ·consulta-vinculante Medium impact
Tax

Cannot deduct foreign rental if contract is after 2015

A Spanish resident asks whether they can deduct foreign rental and which exchange rate to apply. The DGT responds that no deduction is allowed as the contract is after the abolition of the rule and does not comply with the transitional regime.

In 5 key points

How it affects those involved

Residents with foreign rental contracts signed after 2015 cannot claim rental deductions under Spanish tax rules.

Lifecycle

2021-05-25PublishedPublished 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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