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V0055-19 ·4 January 2019 ·consulta-vinculante Medium impact
Tax

Assembly and commissioning costs may be included in the value of an investment asset

A query was raised regarding whether the assembly and commissioning costs of a machine should be integrated into its acquisition price for its treatment as an investment asset. The DGT ruled that if these costs are necessary for its operation, they increase the value of the machine and may be considered part of the investment asset.

In 6 key points

How it affects those involved

This ruling clarifies that costs essential to making an asset operational can be capitalised, affecting the valuation of tangible fixed assets and the subsequent tax base.

Lifecycle

2019-01-04PublishedPublished 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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