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V2405-23 ·7 September 2023 ·consulta-vinculante Medium impact
Tax

Joint ownership communities may be liable for VAT if they jointly assume the risks and uncertainties of an activity

A query was raised regarding whether the lease of an undivided property should be settled in the name of a single owner or all co-owners. The DGT ruled that if there is a joint organisation of resources and assumption of risk by the community, it shall be the sole taxable person; otherwise, each co-owner shall be liable individually.

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2023-09-07PublishedPublished 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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