We analyze the tax challenges of co-ownership entities in real estate rentals in Expansión
Professional articles
Redacción CIM Tax & Legal
Today, Emma S. Corretger and Carlos Muñoz, Partners at CIM Tax & Legal, collaborated with the specialized outlet Expansión on an in-depth analysis of the complex tax challenges faced by co-ownership entities dedicated to real estate rentals. In the article, they discuss how these entities, in order to benefit from the tax advantages reserved for family businesses, must meet strict requirements, such as the direct management of the rental by each co-owner and their registration in the self-employment regime.
Additionally, they analyze the disparity in the application of tax rules related to the Wealth Tax and the Inheritance and Gift Tax, which create a series of additional complications for these taxpayers. Emma and Carlos offer a critical reflection on the need to simplify and streamline legal requirements to achieve a fairer and more efficient approach to tax legislation.
This analysis, which provides a technical and practical perspective on the issue, highlights the importance of reviewing and adapting regulations to offer a more accessible and equitable framework for co-ownership entities in the real estate sector.
For a detailed exploration of this analysis, we invite you to read the full article.
At CIM Tax & Legal, we thank Expansión for trusting our experts to address such a relevant topic.