Skip to content
V1697-23 ·13 June 2023 ·consulta-vinculante Medium impact
Tax

Spain may tax indirect holdings in real estate via Wealth Tax and ITSGF

A UK resident asks whether they must pay Spanish tax on shares in a foreign company indirectly owning real estate in Spain. The DGT confirms that real tax liability arises if more than 50% of the entity's value comes from such real estate.

In 6 key points

Lifecycle

2023-06-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact