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V3499-16 ·22 July 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships are not subject to Corporation Tax if they lack a commercial purpose

A query was raised regarding whether a joint ownership (comunidad de bienes) engaged in metal carpentry is liable for Corporation Tax. The DGT ruled that, as it is a joint ownership rather than a civil society with a commercial purpose, it remains subject to the income attribution regime.

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2016-07-22PublishedPublished 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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