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V4961-16 ·15 November 2016 ·consulta-vinculante Medium impact
Tax

SOCIMI regime inapplicable if non-resident entity lacks main object of urban property leasing

A Spanish company asked whether it could opt for the SOCIMI special tax regime being 100% owned by a Belgian (RREC) entity. The DGT replied that the Belgian entity does not meet the requirement of having property leasing as its main object.

In 6 key points

How it affects those involved

A non-resident entity participating fully in a Spanish SOCIMI must have property leasing as its primary object to qualify for the special tax regime.

Lifecycle

2016-11-15PublishedPublished 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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