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V2773-17 ·27 October 2017 ·consulta-vinculante Medium impact
Tax

Joint ownerships are taxed via income attribution rather than Corporation Tax

A joint ownership (comunidad de bienes) involved in painting and coating services has requested clarification on whether it should be subject to Corporation Tax. The Directorate General for Taxes (DGT) ruled that, as it is a joint ownership and not a civil society with a commercial purpose and fiscal legal personality, it must continue to be taxed through the attribution of income to its members.

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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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