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V2162-16 ·19 May 2016 ·consulta-vinculante Medium impact
Tax

Civil societies engaged in fishing are subject to income attribution rules rather than Corporate Tax

A query was raised regarding whether a civil society engaged in fishing should be subject to Corporate Tax since 2016. The DGT ruled that, as fishing activities fall outside the commercial sphere, the society must continue to be taxed under the income attribution regime for Personal Income Tax (IRPF).

In 6 key points

How it affects those involved

This ruling confirms that civil societies performing non-commercial activities, such as fishing, maintain their tax status under income attribution rather than transitioning to the Corporate Tax regime.

Lifecycle

2016-05-19PublishedPublished 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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