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V2354-24 ·14 November 2024 ·consulta-vinculante Medium impact
Tax

Possibility of applying the residential lease tax reduction when the tenant is a foundation

A property owner has enquired whether they can apply the Personal Income Tax (IRPF) reduction for renting out their home to a foundation for use by its beneficiaries. The Directorate General for Taxes (DGT) indicates that a 70% reduction may apply if specific social housing or vulnerability requirements are met, or a 50% reduction if it is proven that the property is used as housing for specific natural persons.

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2024-11-14PublishedPublished 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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