You want your wealth properly structured
«Every year I pay a tax just for owning assets.»
Wealth Tax and the Large Fortunes Tax depend on how what you own is organised. We review your structure and see what should be put in order.
What to decide first
- Whether your company meets the conditions to be exempt as a family business, and what needs adjusting so that it does.
- Whether cash or assets held in the company are costing it the exemption.
- How the combined cap on income tax and wealth tax affects your case.
- Whether it makes sense to group shareholdings and investments in a family holding company.
How we work on it
We take a complete picture of what you pay today and why. From there we propose changes, with their cost and timeline, and every year we check that the structure still meets the conditions, because exemptions are lost once they stop being met.
Mistakes we often see
- Assuming the company is exempt without checking the conditions every year.
- Building up cash in the operating company.
- Looking at this tax on its own, without considering income tax or succession.
Frequently asked questions
Can Wealth Tax be reduced legally?
Yes, by correctly applying the exemptions and limits set out in the law itself, such as the family business exemption. Always with structures that make economic sense and can withstand a tax inspection.
What is the difference between Wealth Tax and the Large Fortunes Tax?
The first is managed by each autonomous community; the second is a national tax that affects the largest estates. What you pay under the first is deducted from the second.