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V0976-16 ·14 March 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships with commercial activity continue to be taxed via income attribution

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in commercial activity should be taxed under Corporate Tax or via income attribution. The Directorate General for Taxes (DGT) ruled that only civil societies possessing legal personality and a commercial purpose are subject to Corporate Tax.

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2016-03-14PublishedPublished 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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