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V1850-23 ·27 June 2023 ·consulta-vinculante Medium impact
Tax

Repairs that do not constitute an improvement cannot increase the acquisition value of the asset

A carrier inquires whether a truck repair carried out prior to its sale can be considered an improvement to increase its acquisition value. The DGT responds that, as no increase in capacity, productivity, or useful life is observed, it must be considered a repair expense.

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2023-06-27PublishedPublished 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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