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V3081-18 28 November 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · comunidad de propietarios

Grants received by homeowners' associations are attributed to owners upon receipt

A query was raised regarding the taxation of grants received by a homeowners' association. The Directorate General for Taxes (DGT) ruled that such income is attributed to owners according to their share of participation and must be declared in the tax year in which it is collected.

The question raised

Attribution, for Personal Income Tax purposes, of the amount of the subsidies obtained by the community.

The DGT's ruling

Homeowners' associations are taxed as communities of property, attributing income to their members according to their participation coefficient. Subsidies are classified as capital gains. These must be imputed to the tax period in which the collection occurs, and the property owner must declare them at that time.

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