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V3874-16 ·13 September 2016 ·consulta-vinculante Medium impact
FISCAL

Non-resident subject to Spanish Wealth Tax due to property holdings in Spain

A German resident partner of a German limited partnership asks whether he must pay Spanish tax on his shares. The DGT responds that the partner is subject to real obligation because the partnership holds more than 50% of its assets in Spanish real estate.

In 6 key points

How it affects those involved

Non-resident partners in German limited partnerships with over 50% of assets in Spanish real estate are subject to Spanish wealth tax under real obligation.

Lifecycle

2016-09-13PublishedPublished 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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