Tax Authorities’ Campaign to Review the Income Tax Return for Income from Leased Properties

In the last few weeks, we have detected that the Tax Authorities are conducting a massive campaign to review the Income from Real Estate Capital included in the Personal Income Tax return.

Tax review of real estate rentals

Requests are being sent to many taxpayers who have one or more leased properties, either in Spain or abroad, who are required to provide the necessary proof of income and expenses declared, including

  • lease contracts,
  • bank receipts of the income declared,
  • documentary proof of all expenses deducted, or
  • the public or private document of acquisition of the property if the depreciation expense is calculated on the basis of this, among others.


Need a Consultant?


If you have any doubt about the subject or you want the help of a professional to answer what the Tax Authorities require, in order to be able to justify the declared amounts and avoid tax regularisations, which in case of occurrence can result in sanctions, please contact our tax advisors in Barcelona by phone or email.

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