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V2063-25 ·5 November 2025 ·consulta-vinculante Low impact
Tax

Conditions for exemption from Wealth Tax on indirect holdings in a real estate collective investment scheme

The consultant asks whether an indirect investment in a real estate collective investment scheme (SIC) via a SOCIMI entitles to Wealth Tax exemption. The DGT states that for the holding society not to be considered a wealth manager, the invested entity (SIC) must carry out an economic activity, requiring at least one full-time employee with a labour contract.

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2025-11-05PublishedPublished 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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