Skip to content
Back to index
V3361-23 29 December 2023 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
IP · exención

Wealth Tax exemption does not apply if the entity only leases a business

A taxpayer inquired whether shares in a company that leases an industrial facility (a gym) are exempt from Wealth Tax. The DGT ruled that the requirement for economic activity is not met, as leasing a business generates income from movable capital rather than from economic activity.

The question raised

Cuestión planteada Cumplimiento de los requisitos para la aplicación de la exención en el Impuesto sobre el Patrimonio.

Email
Contact