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V1766-21 ·7 June 2021 ·consulta-vinculante Medium impact
Tax

Annual freedom of depreciation may be maintained after transforming a worker-owned limited company into a standard limited company

A worker-owned limited company enquired whether, upon transforming into a standard limited company and losing its worker-owned status, it would be required to immediately reverse all freedom of depreciation applied to a property. The DGT ruled that, since the disqualification did not occur within five years of incorporation, the applied tax benefits are not lost.

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2021-06-07PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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