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V0557-19 ·14 March 2019 ·consulta-vinculante Medium impact
Tax

Income for a participant in a joint venture agreement is taxed as income from movable capital (subject to the nature of the contract)

A query was made regarding the tax treatment of amounts received by a participant following the sale of a pharmacy business under a joint venture agreement. The DGT indicates that, in principle, these amounts constitute income from movable capital, although it warns that the specific terms of the contract could alter this classification.

In 6 key points

Lifecycle

2019-03-14PublishedPublished 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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