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V2265-20 ·2 July 2020 ·consulta-vinculante Medium impact
Tax

Acquisition costs of a pharmacy are distributed proportionally among its components

A taxpayer has requested clarification on the tax treatment of costs (notary, registry, management, valuation, and brokerage fees) incurred when acquiring a pharmacy. The Directorate General for Taxes (DGT) ruled that these expenses are inherent to the acquisition and must be distributed proportionally among the various elements that constitute the business.

In 6 key points

How it affects those involved

This ruling clarifies that acquisition costs cannot be treated as a single lump sum but must be allocated across the individual assets of the business for tax and accounting purposes.

Lifecycle

2020-07-02PublishedPublished 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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