Population scope

The population framework consists of all taxpayers required to file a tax return in accordance with the provisions of Article 37 of Law 19/1991, of June 6, on Wealth Tax.

Those taxpayers are required to file a declaration for the Wealth Tax, whether by obligation personal or real to contribute (described in Article 5 of the Law).

Taxpayers under personal obligation are required to file a declaration when any of the following circumstances occur:

• When your tax rate, determined in accordance with the regulations governing this tax, and after applying any applicable deductions or bonuses, is due.
• The value of their assets or rights, determined in accordance with the regulations governing the Tax, exceeds 2,000,000 euros.

Regarding the actual obligation, individuals who do not have their habitual residence in Spanish territory but who own assets located in Spain or who hold rights that can be exercised in the territory are required to file a declaration. The tax is levied on these assets and rights, regardless of their net worth.