Contributing entities

Legal personality, in general, is the circumstance that attributes the status of taxpayer in the Corporate Tax (hereinafter, IS). That is, IS taxes, in principle, the income received by legal entities, but in addition, a series of entities are IS taxpayers even if they do not have legal personality, so we can distinguish two types of taxpayers:

Taxpayers with legal personality

According to article 35 of the Civil Code, legal entities are classified into two large groups:

1. Of public interest: corporations, associations and foundations

2. Of private interest: commercial companies, civil companies with a commercial purpose (agricultural, livestock, forestry, mining, fishing activities and those of a professional nature to which Law 2/2007 on Professional Companies applies do not have a commercial purpose).

   In addition, agricultural transformation companies, labour companies, public business entities, state agencies, mutual and social welfare societies, mutual insurance companies for work-related accidents and occupational accidents, consortia, fishermen's guilds, compensation boards, irrigation communities, water communities and Canary Islands estates and banking foundations are taxpayers of Corporate Tax.

Taxpayers without legal personality

The following assets are eligible for IS taxpayers, even if they do not have legal personality: Investment funds, temporary joint ventures, venture capital funds and closed-end collective investment funds, pension funds, mortgage market regulation funds, securitization funds, investment guarantee funds, communities holding communally owned forests and bank asset funds (FAB).