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V3022-14 ·5 November 2014 ·consulta-vinculante Medium impact
Tax

Joint compensation bodies with sale intent become entrepreneurs and must apply passive investor investment

The DGT confirms that members of a joint compensation body who intend to sell land acquire the status of entrepreneurs and must apply the passive investor investment mechanism in land development distributions.

In 6 key points

How it affects those involved

Members of joint compensation bodies intending to sell land are deemed entrepreneurs and must apply the passive investor investment rule when distributing land development funds.

Lifecycle

2014-11-05PublishedPublished 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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