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V1891-22 ·16 August 2022 ·consulta-vinculante Medium impact
Tax

A community of property may be liable for VAT if acting as a business with joint management of resources and risk.

Seven siblings consulted whether they should form a community of property to declare VAT on rentals from inherited premises. The DGT explains that the community will be a taxable person if it carries out the business activity jointly, assuming risk and managing resources in an undifferentiated manner.

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2022-08-16PublishedPublished 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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