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V1343-16 ·31 March 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships to continue being taxed via income attribution for Personal Income Tax

A query was raised regarding whether a joint ownership (comunidad de bienes) operating a hairdressing business should be subject to Corporate Tax or maintain the income attribution regime. The Directorate General for Taxes (DGT) clarifies that only civil societies with legal personality and a commercial purpose are subject to Corporate Tax.

In 6 key points

How it affects those involved

This ruling confirms that joint ownerships without legal personality do not qualify for Corporate Tax, ensuring they remain under the income attribution regime for Personal Income Tax purposes.

Lifecycle

2016-03-31PublishedPublished 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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