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V1958-16 ·9 May 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships are taxed via income attribution, unless they are civil societies with legal personality and commercial purpose

A carpentry joint ownership has requested clarification on whether it should have been subject to Corporate Tax since 2016. The DGT ruled that, as it is not a civil society with legal personality and a commercial purpose, it continues to be taxed under the income attribution regime.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between joint ownerships and civil societies, ensuring that entities without legal personality and commercial intent remain subject to personal income tax through income attribution rather than corporate tax.

Lifecycle

2016-05-09PublishedPublished 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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