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V2232-19 ·20 August 2019 ·consulta-vinculante Medium impact
Tax

Linen (tablecloths, towels and sheets) must be depreciated at the maximum linear rate of 25% if using the table method

A cleaning services company requested clarification on the depreciation method applicable to tablecloths, towels and sheets. The DGT has ruled that these items are classified as linen and must adhere to the limits set by the linear depreciation table.

In 6 key points

How it affects those involved

Companies must ensure that linen items are correctly classified as tangible fixed assets and depreciated according to the maximum linear coefficient allowed by tax regulations.

Lifecycle

2019-08-20PublishedPublished 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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