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V1332-23 ·18 May 2023 ·consulta-vinculante Medium impact
Tax

Amortisation of works in leased premises determined by accounting useful life or depreciation plan

A company seeks guidance on how to amortise refurbishment works carried out in a rented premises and which percentage to apply. The DGT explains that if the works constitute tangible fixed assets, accounting amortisation is based on useful life (contract duration), while for tax purposes, an amortisation plan may be followed or effective depreciation may be justified.

In 6 key points

Lifecycle

2023-05-18PublishedPublished 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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