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V1278-16 ·29 March 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships are taxed via income attribution rather than Corporation Tax

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in electrical installations is liable for Corporation Tax. The DGT ruled that only civil societies with a commercial purpose and fiscal legal personality are subject to this tax.

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2016-03-29PublishedPublished 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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