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V0479-21 ·4 March 2021 ·consulta-vinculante Medium impact
Tax

Joint ownerships may continue to be taxed via income attribution in Personal Income Tax even if they start a commercial activity

A query was raised regarding whether a joint ownership (comunidad de bienes) that rents industrial premises can continue to be taxed through income attribution if it decides to manufacture furniture. The Directorate General for Taxes (DGT) ruled that the joint ownership will maintain its Personal Income Tax regime even if it expands its scope of activity.

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2021-03-04PublishedPublished 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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