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V2176-21 ·30 July 2021 ·consulta-vinculante Medium impact
Tax

Classification of operating or finance leases depends on the transfer of risks and benefits under accounting standards

A company has requested clarification on whether a truck contract with a purchase option can be classified as an operating lease. The DGT indicates that the accounting classification depends on whether the risks and benefits are transferred, and the resulting tax treatment will depend on that classification.

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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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