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V3709-16 ·5 September 2016 ·consulta-vinculante Medium impact
Tax

60% tax reduction for seasonal room rentals cannot be applied

A taxpayer inquired whether the reduction in net income could be applied when renting rooms to foreign students for four-month seasonal periods. The Directorate General of Taxes (DGT) ruled that, as it is a seasonal rental, the requirement for permanent residence is not met.

In 5 key points

How it affects those involved

Taxpayers renting rooms on a seasonal basis will not be eligible for the 60% reduction on net income from real estate capital, as these arrangements do not qualify as permanent residential leases.

Lifecycle

2016-09-05PublishedPublished 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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