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V0019-17 ·3 January 2017 ·consulta-vinculante Medium impact
Tax

Rents from a US LLC must be included in Spanish corporate tax base

A Spanish company asks whether it must account for and tax its share in a US LLC. The DGT confirms that the LLC's income must be included in the taxable base and explains how to avoid double taxation through the Spain-US double taxation treaty.

In 6 key points

How it affects those involved

Spanish companies holding stakes in US LLCs must include the LLC's income in their taxable base and may claim a tax credit to avoid double taxation.

Lifecycle

2017-01-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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