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V1959-20 16 June 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · comunidad de propietarios

Grants received by a homeowners' association are treated as capital gains for individual owners

A homeowner enquired about the tax treatment of a grant received by their homeowners' association for the installation of a lift. The Directorate General for Taxes (DGT) ruled that such a grant is attributed to the individual owners as a capital gain.

The question raised

Question raised: Classification of the subsidy received as a capital subsidy. Temporal imputation.

The DGT's ruling

The community of owners is considered a community of property whose income is attributed to the owners according to their participation coefficient. The subsidy constitutes a capital gain due to the variation in the value of the assets. These gains derived from public aid must be imputed to the tax period in which they are collected.

Apply this to a real case

What is published here, applied to a company or a specific case. The first meeting is free.

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