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V4458-16 ·17 October 2016 ·consulta-vinculante Medium impact
Tax

Joint ownerships are taxed via income attribution if they lack a commercial purpose

A query was raised regarding whether a joint ownership (comunidad de bienes) dedicated to renting industrial premises is liable for Corporate Tax. The DGT ruled that, as it is not a civil society with a commercial purpose, it continues to be taxed through the attribution of income to its members.

In 6 key points

How it affects those involved

This clarifies the tax distinction between joint ownerships and civil societies, confirming that the absence of a commercial purpose prevents the entity from being treated as a corporate taxpayer.

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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