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V2720-16 ·15 June 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships are taxed via income attribution rather than Corporate Tax

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in retail trade is liable for Corporate Tax. The DGT ruled that, as it is not a civil society with a commercial purpose and fiscal legal personality, it must be taxed under the income attribution regime.

In 6 key points

How it affects those involved

This clarifies the tax treatment for joint ownerships, confirming they do not qualify for Corporate Tax status if they lack the specific legal and commercial characteristics of a civil society.

Lifecycle

2016-06-15PublishedPublished 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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