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V1611-23 ·7 June 2023 ·consulta-vinculante Medium impact
Tax

Incompatibility between management roles and employment contracts for Wealth Tax exemptions in leasing activities

The taxpayer asks whether they can serve as the sole director of a real estate leasing company while simultaneously being a full-time employee under an employment contract. The DGT rules that these roles are incompatible for meeting the requirements of an economic activity.

In 6 key points

How it affects those involved

This ruling limits the ability of property owners to claim Wealth Tax exemptions by combining management positions with employment contracts within the same leasing entity.

Lifecycle

2023-06-07PublishedPublished 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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