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V2174-21 ·30 July 2021 ·consulta-vinculante Medium impact
Tax

IVA deduction in tourism vehicle leasing presumed at 50%

An architecture firm asks about the deductibility of VAT and expenses for leasing a tourist vehicle, fuel and maintenance. The DGT states that for tourist vehicles, a 50% presumption of business activity applies.

In 6 key points

How it affects those involved

Businesses leasing tourist vehicles can deduct 50% of lease payments as business expenses under VAT rules.

Lifecycle

2021-07-30PublishedPublished 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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