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V1858-16 ·27 April 2016 ·consulta-vinculante Medium impact
Tax

Accounting treatment of works on property depends on whether they increase asset value

A company has requested clarification on whether replacing a warehouse roof and installing new elements constitutes an expense or an investment. The DGT ruled that commercial regulations must be applied to determine whether these actions qualify as repairs, renewals, extensions, or improvements.

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2016-04-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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