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V2772-17 ·27 October 2017 ·consulta-vinculante Medium impact
Tax

Joint ownerships taxed via income attribution if not civil societies with a commercial purpose

A joint ownership dedicated to musical activities has requested clarification on whether it should be subject to Corporate Tax. The DGT ruled that, as it is a joint ownership and not a civil society with a commercial purpose, it must continue to be taxed under the income attribution regime.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between joint ownerships and civil societies, ensuring that entities without a commercial purpose remain subject to personal income tax through income attribution rather than corporate tax.

Lifecycle

2017-10-27PublishedPublished 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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