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V4968-16 ·16 November 2016 ·consulta-vinculante Medium impact
FISCAL

Spain may tax Norwegian residents' patrimony via indirect ownership of Spanish real estate

A Norwegian resident asks whether they may be subject to Spain's Wealth Tax by indirectly owning a Spanish company whose assets are real estate. The DGT responds that, under the Spain-Norway Convention, taxation applies if there is substantial participation or if the company's assets are primarily real estate.

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2016-11-16PublishedPublished 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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