Wealth planning in Mallorca: what a foreign resident or non-resident should review
A wealth review guide for foreign residents and non-residents in Mallorca: tax residence, taxes, form 720, inheritance and wills.
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Family holding companies in Spain: a tax guide to reorganising the family business
What a family holding is, when it makes sense, how to set it up tax-neutrally (FEAC regime) and what the Wealth and Inheritance Tax reliefs require.
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Inspections of Large Fortunes
Inspections of large fortunes are surging. The key is not whether the family business exemption applies, but what percentage of the shares it covers.
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Holding companies in the family business: when the exemption is lost
If a shareholder sets up a holding and hands it the management, the rest of the family may lose the Wealth Tax exemption. DGT Binding Ruling V0354-26.
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The DGT clarifies how income is computed in the year a holding company is incorporated for the purposes of the Wealth Tax exemption
The DGT (V0145-26) excludes salaries paid by the subsidiaries before the holding was set up from the 50% test. What it requires and how to document it.
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Family Businesses and Real Estate Leasing in Spain: Supreme Court Clarifies the “Employee Requirement”
Spain's Supreme Court (rulings 167/2026 and 186/2026) clarifies the employee requirement for family businesses that lease property. Impact on tax reliefs.
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The Supreme Court confirms that non-residents can apply the combined limit in Wealth Tax
Spanish Supreme Court judgment 1372/2025 lets non-residents apply the combined limit in Wealth Tax: reasoning, impact and refund of excess tax.
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Lifetime Usufruct over Company Shares and Wealth Tax
How a lifetime usufruct over company shares fits with the Wealth Tax exemption for family businesses, per DGT binding ruling V1318-25.
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The Supreme Court Strengthens the 95% ISD Reduction for Rental Businesses: Proving the Employment Contract Is Enough, Without Justifying Its Economic Necessity
The Supreme Court ruling of 14 July 2025: a full-time employment contract is enough for the 95% ISD reduction in a property rental family business.
Read article →Wealth Tax in the Balearic Islands: €3 Million Tax-Free Allowance Also for Non-Residents
Non-resident with assets in Mallorca or the Balearics? You can apply the €3m Wealth Tax allowance by filing form 714. Requirements and late filing.
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