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V2864-20 ·22 September 2020 ·consulta-vinculante Medium impact
Tax

No imputation of rental income for unconstructed land in rural property with a farm shed

A landowner asks whether rental income must be recognised for a rural plot including a farm shed. The DGT responds that no imputation is required for the unconstructed part of the land, provided it is not used for economic activity.

In 5 key points

How it affects those involved

Landowners with rural properties containing unconstructed areas do not need to recognise rental income if the land is not used for economic activity.

Lifecycle

2020-09-22PublishedPublished 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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