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V2587-14 ·2 October 2014 ·consulta-vinculante Medium impact
Tax

Property rental is only an economic activity if managed independently with hired staff

A company inquired whether purchasing a property for rental purposes constitutes an economic activity and if it qualifies for small business benefits. The DGT ruled that mere ownership does not constitute an economic activity; for rental to qualify, the entity must have its own management premises and at least one full-time employee.

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2014-10-02PublishedPublished 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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