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V2077-24 ·25 September 2024 ·consulta-vinculante Medium impact
Tax

Vehicle sale taxable base proportional to business asset share

A company asks whether it can deduct the full IVA amount when purchasing a second-hand vehicle whose invoice reflects only 50% of its value due to partial business asset attribution. The DGT responds that the taxable base of the transaction must be proportional to the percentage of business asset attribution.

In 6 key points

How it affects those involved

Taxpayers must adjust their IVA deduction based on the proportion of the vehicle's value attributed to business assets.

Lifecycle

2024-09-25PublishedPublished 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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