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V0760-20 ·7 April 2020 ·consulta-vinculante Medium impact
Tax

Motorcycle expenses are only deductible if used exclusively for economic activity

A legal professional enquired whether the purchase of a second-hand motorcycle could be deducted. The DGT ruled that to deduct expenses or depreciation, the vehicle must be an asset assigned to the business and used exclusively for its professional activities.

In 6 key points

How it affects those involved

Taxpayers must ensure that vehicles used for business purposes are strictly dedicated to their professional activity to qualify for tax deductions and depreciation.

Lifecycle

2020-04-07PublishedPublished 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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