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V2586-24 ·12 December 2024 ·consulta-vinculante Medium impact
Tax

Joint property ownership as a taxable person for VAT when conducting leasing activities jointly

A query was raised regarding whether a joint property ownership (comunidad de bienes) formed by co-owners of industrial warehouses can be a taxable person for VAT. The DGT ruled that the community will be a taxable person if there is joint management of resources and joint assumption of risk, rather than if the activity is carried out individually by each co-owner.

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2024-12-12PublishedPublished 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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