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V0534-20 ·5 March 2020 ·consulta-vinculante Medium impact
Tax

Amortisation expenses are deductible when applying linear coefficients from the Corporate Tax Act tables

A company inquired whether the amortisation of real estate investments using linear coefficients from the official tables is correct and deductible. The Directorate-General for Taxes (DGT) ruled that such expenses are deductible if the maximum coefficient is applied, or any other coefficient falling between the maximum and the one derived from the maximum amortisation period.

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2020-03-05PublishedPublished 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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