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V1647-16 ·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) dedicated to the operation of solar installations should be subject to Corporation Tax. The Directorate General for Taxes (DGT) ruled that, as it is a joint ownership and not a civil partnership with a commercial purpose, it maintains its regime of income attribution.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between joint ownerships and civil partnerships with commercial purposes, ensuring that joint ownerships remain under the income attribution regime for tax purposes.

Lifecycle

2016-04-15PublishedPublished 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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