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V2428-16 ·3 June 2016 ·consulta-vinculante Medium impact
Tax

Civil societies engaged in fishing activities are taxed via income attribution rather than Corporate Tax

A query was raised regarding whether a civil society dedicated to mussel production should be taxed under Corporate Tax or through income attribution. The DGT ruled that, as fishing activities fall outside the commercial sphere, the entity is not a taxpayer for Corporate Tax purposes.

In 6 key points

How it affects those involved

This ruling clarifies the tax regime for civil societies involved in fishing, confirming that such activities do not constitute a commercial enterprise, thereby preventing the application of Corporate Tax.

Lifecycle

2016-06-03PublishedPublished 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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