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V2293-21 ·13 August 2021 ·consulta-vinculante Medium impact
Tax

Installing an elevator in a building is considered an improvement that increases the property's acquisition value

A commercial premises owner asks whether they can amortise payments made for the installation of an elevator in their community. The DGT rules that, as it constitutes an improvement rather than a repair expense, the cost increases the acquisition value of the property.

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2021-08-13PublishedPublished 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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