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V5129-16 ·28 November 2016 ·consulta-vinculante Medium impact
Tax

Patrimonial exemption for holding companies limited to assets tied to business activity

The DGT confirms that a holding company can only claim exemption from the Wealth Tax on the proportion of assets directly necessary for its business activity, including those related to real estate managed by a subsidiary.

In 6 key points

How it affects those involved

Holding companies must now limit their wealth tax exemption to the proportion of assets directly linked to their business operations, excluding those unrelated to the core economic activity.

Lifecycle

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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