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V0920-15 ·25 March 2015 ·consulta-vinculante Medium impact
Tax

Profit investment tax relief applies when works are recognised as tangible fixed assets

The applicant asks whether improvement works on an industrial warehouse can qualify for the profit investment tax relief under Corporate Tax. The DGT rules that this relief can only be applied once the works cease to be work-in-progress and are recognised in the accounts as tangible fixed assets.

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2015-03-25PublishedPublished 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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