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V1928-18 ·29 June 2018 ·consulta-vinculante Medium impact
Tax

Expenses for properties pending sale or lease are deductible for Corporate Tax under specific conditions

A real estate developer has enquired whether expenses (community fees, IBI, depreciation) for properties awaiting sale or lease with an option to buy are deductible. The DGT has ruled that they are deductible, provided that the requirements for accounting registration, accrual, and documentary evidence are met.

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2018-06-29PublishedPublished 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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