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V1221-18 ·10 May 2018 ·consulta-vinculante Medium impact
Tax

Acquisition of CAP single payment rights is deductible through depreciation

A farmer has enquired whether the purchase of CAP single payment rights can be deducted when calculating net income. The DGT has ruled that these rights constitute intangible assets and must be deducted via depreciation.

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Lifecycle

2018-05-10PublishedPublished 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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