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V1592-21 ·26 May 2021 ·consulta-vinculante Medium impact
Tax

No imputed real estate income if property is proven unfit for use

A query was raised regarding whether a property lacking utilities and habitability conditions should be subject to imputed real estate income tax. The DGT ruled that no imputation will occur if it is demonstrated that the property is unfit for use through any means of proof admitted in law.

In 6 key points

How it affects those involved

This ruling provides tax relief for owners of uninhabitable or derelict properties, ensuring that tax liabilities are not incurred for assets that cannot be used.

Lifecycle

2021-05-26PublishedPublished 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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