The industry group comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This industry group also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate.

Industry code
RRL
Industry Code Full
RRL

Analysis of Royal Decree-Law 1/2017, of Urgent Measures of Consumer Protection in Terms of Soil Clauses

The Royal Decree-Law 1/2017, was published in the BOE of urgent measures of consumer protection in terms of land clauses, which regulates the extrajudicial channel to solve the claims of the consumers derived from the last judicial judgments and the tax consequences of the same.

The Directorate General of Taxes Admits the Deductibility of the Expenses of Buildings

The criterion of the Directorate General of Taxes in relation to the deductibility of the expenses linked to immovable properties in expectation of rent is very clear in the scope of the Tax on the Income of the Physical Persons. The criterion of the General Directorate of Taxes, until October 3, 2016, has been more ambiguous.