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V2412-17 ·27 September 2017 ·consulta-vinculante Medium impact
Tax

Wealth Tax liability cannot be deducted as an expense from real estate capital income

A query was raised regarding whether the portion of Wealth Tax liability corresponding to leased properties can be deducted as an expense when determining the net income from real estate capital. The Directorate General for Taxes (DGT) ruled that such a deduction is not permitted.

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2017-09-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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