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V4425-16 ·17 October 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships taxed via income attribution rather than Corporate Tax

A query was raised regarding whether a joint ownership (comunidad de bienes) dedicated to event planning is liable for Corporate Tax. The DGT ruled that, as a joint ownership, it continues to be taxed through the attribution of income to its members.

In 6 key points

How it affects those involved

This confirms that joint ownerships, even when engaged in commercial activities, do not acquire corporate tax status and remain subject to individual income tax via income attribution.

Lifecycle

2016-10-17PublishedPublished 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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