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V2218-14 ·8 August 2014 ·consulta-vinculante Medium impact
Tax

Construction and project costs not deductible in corporate tax

A company asked whether development costs of engineering projects transferred via share sales could be deducted. The DGT states that incorporation costs must be capitalized and costs of projects owned by other entities are not deductible due to being deemed liberalities.

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2014-08-08PublishedPublished 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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