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V2997-16 ·28 June 2016 ·consulta-vinculante Medium impact
Tax

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

A query was raised regarding whether a joint ownership (comunidad de bienes) dedicated to electrical installations is liable for Corporate Tax. The DGT ruled that, as it is a joint ownership and not a civil society with a commercial purpose, it must be taxed under the income attribution regime.

In 6 key points

How it affects those involved

This clarification confirms that joint ownerships lacking a commercial purpose do not qualify as corporate taxpayers, requiring members to report income individually.

Lifecycle

2016-06-28PublishedPublished 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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