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V1210-22 ·30 May 2022 ·consulta-vinculante Medium impact
Tax

Application of the used goods depreciation method by doubling the maximum straight-line coefficient is permissible

A company has enquired whether it may depreciate a hotel acquired as a used asset by doubling the maximum straight-line depreciation coefficient. The Directorate General for Taxes (DGT) has ruled that, as no specific group of companies is defined under Article 42 of the Commercial Code, this method may be applied provided the building is more than ten years old.

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2022-05-30PublishedPublished 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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