Skip to content
V3487-20 ·2 December 2020 ·consulta-vinculante Medium impact
Tax

Imputed real estate income applies to industrial units even if they cannot be rented

A taxpayer inquired whether they must pay imputed real estate income for an industrial unit that cannot be rented or sold due to legal restrictions. The Directorate-General for Taxes (DGT) ruled that since the property is capable of being used, the imputation of income applies and no expenses may be deducted.

In 6 key points

How it affects those involved

This ruling confirms that the inability to commercially exploit a property does not exempt the owner from imputed income tax if the property remains functional.

Lifecycle

2020-12-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact