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V2228-25 ·19 November 2025 ·consulta-vinculante Medium impact
Tax

Capitalised financing costs may be excluded from the 30% operational profit limit

A real estate developer asks whether capitalised loan interest charged to inventory value must comply with the 30% deductible financing expenses limit. The DGT clarifies that if incorporated into the asset value, the tax impact arises through inventory write-downs or valuation changes, not under Article 16 of the LIS.

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2025-11-19PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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