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V0214-14 ·29 January 2014 ·consulta-vinculante Medium impact
Tax

Inmueble value updates allowed without losing reinvestment deduction

A property rental company asks whether it can update the value of its properties in Spain and Chile, and whether this affects the deduction for extraordinary profit reinvestment. The DGT confirms that value updates are permitted for properties anywhere and do not conflict with such a deduction.

In 6 key points

How it affects those involved

Companies can revise property values globally without losing eligibility for extraordinary profit reinvestment deductions.

Lifecycle

2014-01-29PublishedPublished 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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