Skip to content
V1640-16 ·15 April 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships continue to be taxed via income attribution rather than Corporation Tax

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in the operation of solar facilities should be subject to Corporation Tax. The Directorate General for Taxes (DGT) ruled that, as it is a joint ownership and not a civil society with a commercial purpose, it maintains its income attribution regime.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between joint ownerships and civil societies with commercial purposes, ensuring that joint ownerships remain under the income attribution tax regime rather than being reclassified for Corporation Tax purposes.

Lifecycle

2016-04-15PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact