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V2169-16 ·19 May 2016 ·consulta-vinculante Medium impact
Tax

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

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in metal carpentry manufacturing should have been subject to Corporation Tax since 2016. The DGT ruled that only civil societies with legal personality and a commercial purpose are liable for this tax.

In 6 key points

How it affects those involved

This ruling clarifies the tax distinction between joint ownerships and civil societies, confirming that joint ownerships remain subject to income attribution rules.

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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