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V1162-16 ·22 March 2016 ·consulta-vinculante Medium impact
Tax

Civil liability insurance premiums are deductible for Income Tax even after cessation of activity

A query was raised regarding whether premiums for mandatory civil liability insurance remain deductible following the cessation of an activity. The Directorate General for Taxes (DGT) ruled that, as they result from the exercise of the activity, they retain their status as deductible expenses.

In 6 key points

Lifecycle

2016-03-22PublishedPublished 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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