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V3770-15 ·30 November 2015 ·consulta-vinculante Medium impact
Tax

Property rental activity may be exempt from Wealth Tax if it is the primary source of income

The inquirer asks about Wealth Tax exemptions for property rental activities, the treatment of undistributed profits in family businesses, and the deductibility of debts in inheritance cases. The DGT clarifies the requirements for economic activity, the calculation of profits to qualify such activity, and the validity of private debts for Inheritance Tax purposes.

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2015-11-30PublishedPublished 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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