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V5120-16 ·28 November 2016 ·consulta-vinculante Medium impact
Tax

Outsourcing property rental management prevents Wealth Tax exemption

A query was raised regarding whether a company leasing industrial premises maintains its economic activity if it outsources its management. The Directorate General for Taxes (DGT) ruled that, for Wealth Tax exemption purposes, property leasing only constitutes an economic activity if at least one employee is hired under a full-time employment contract.

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2016-11-28PublishedPublished 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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