Vehicle tourism expenses not deductible without employment relationship
Technical details
Summary
A consultancy asks whether it can deduct 100% the purchase and costs of a used vehicle used by its sole shareholder for professional purposes. The DGT responds that these expenses are not deductible.
In 6 key points
How it affects those involved
Expenses for a tourism vehicle are not deductible if there is no employment relationship between the shareholder and the company.