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V1856-21 ·14 June 2021 ·consulta-vinculante Medium impact
Tax

Vehicle leasing expenses are deductible if used for business activities and meet legal requirements

A dental clinic has enquired whether it can deduct leasing payments for a vehicle acquired by the company for professional travel. The Directorate General for Taxes (DGT) has ruled that the expense is deductible provided the vehicle is used for business activities and complies with accounting, accrual, and substantiation requirements.

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2021-06-14PublishedPublished 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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