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V0765-23 ·29 March 2023 ·consulta-vinculante Medium impact
Tax

Investments in leased premises may be depreciated over the contract term if it is shorter than their economic life

A company has enquired whether improvements made to a leased premises can be depreciated over the same period as the lease term. The DGT has ruled that if the investments are inseparable from the asset and meet the definition of an asset, they must be depreciated for accounting purposes according to their useful life, which shall be the duration of the contract if this is shorter than the asset's economic life.

In 6 key points

Lifecycle

2023-03-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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