Skip to content
V1785-24 ·17 July 2024 ·consulta-vinculante Medium impact
Tax

60% reduction in residential rent tax relief requires primary purpose to be meeting the tenant's permanent housing needs

A query was raised regarding whether the 60% reduction on net income from residential rentals can be applied under the 2023 regulations. The Directorate-General for Taxes (DGT) ruled that this reduction is only applicable if the primary purpose of the lease is to satisfy the tenant's permanent housing needs.

In 5 key points

How it affects those involved

This ruling limits the application of the 60% tax reduction, potentially excluding seasonal or non-permanent rental agreements from this specific tax benefit.

Lifecycle

2024-07-17PublishedPublished 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