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V3452-16 20 July 2016 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · renta imputada

Imputed real estate income must be declared for periods when the property does not generate capital returns

The inquirer asks whether they must impute real estate income for periods during which their property is not rented out. The DGT rules that imputation is required for the days within each tax period in which the property does not generate capital returns.

The question raised

Obligation to impute real estate income, both in 2015 and in subsequent years, during the periods of time in which the property is not rented.

The DGT's ruling

The imputation of real estate income provided for in Article 85 of the Personal Income Tax Law applies to the days of each tax period in which the property does not generate returns on capital. This applies to urban properties not used for economic activities nor generators of returns on capital, excluding the primary residence.

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