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V2012-18 ·5 July 2018 ·consulta-vinculante Medium impact
Tax

Vehicle repair costs cannot be treated as capital losses

A taxpayer inquired whether vehicle repair costs incurred following an accident could be classified as a capital loss. The DGT ruled that they cannot, as these are considered consumption expenses.

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Lifecycle

2018-07-05PublishedPublished 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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