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V2010-14 ·25 July 2014 ·consulta-vinculante Medium impact
Tax

Depreciation of a used oven in a civil partnership is governed by Corporate Tax rules

A taxpayer inquired about the depreciation of a second-hand oven for a civil partnership engaged in tableware decoration. The DGT ruled that civil partnerships attribute income to their partners and that depreciation calculations must comply with Corporate Tax regulations or the specific rules of the direct estimation method.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment for civil partnerships, confirming that they must follow Corporate Tax standards for asset depreciation when attributing income to partners.

Lifecycle

2014-07-25PublishedPublished 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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