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V2048-18 ·11 July 2018 ·consulta-vinculante Medium impact
Tax

No obligation to file Income Tax return if total income from various sources (including real estate) is below €1,000 per year

A query was raised regarding whether a co-owner in a community of property owners must file an Income Tax return for income distributed from the rental of a common area. The Directorate General for Taxes (DGT) ruled that such income is attributed to each co-owner according to their share, and the obligation to file depends on the income thresholds established by law.

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Lifecycle

2018-07-11PublishedPublished 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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