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V1209-15 ·17 April 2015 ·consulta-vinculante Medium impact
Tax

Impairment losses on tangible fixed assets are not tax deductible

An entity has requested clarification regarding the accounting and tax treatment of impairment losses on three properties that have lost more than 60% of their value. The Directorate General for Tax (DGT) clarifies that, although impairment may be recognised for accounting purposes, these losses are not tax deductible.

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2015-04-17PublishedPublished 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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