Introduction

The Wealth Tax was established by Law 19/1991, of June 6, and was materially payable until January 1, 2008, date from which Law 4/2008, of December 23, by which the Wealth Tax was abolished, the monthly refund system was generalized in the Value Added Tax and other modifications were introduced in the tax regulations ( BOE of the 25th), eliminated the obligation to contribute thereto, through the formula of establishing a state bonus of 100% on its full quota and repealing the formal obligations relating to the self-assessment of the tax, the filing of the declaration and, where appropriate, the payment of the tax debt.

However, the effects of the economic crisis led to its temporary recovery through Royal Decree-Law 13/2011, of September 16 ( BOE of the 17th) which initially contemplated its restoration only for the years 2011 and 2012. However, its application was extended for successive years until Law 11/2020, of December 30, of the General State Budget for the year 2021 ( BOE of 31) in its first repealing provision has come to establish the indefinite maintenance of the Wealth Tax. To this end, the second section of the sole article of Royal Decree-Law 13/2011 is repealed with effect from 1 January 2021.