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V2312-19 ·5 September 2019 ·consulta-vinculante Medium impact
Tax

Machinery depreciation allowed under objective estimation until maximum period is reached

A farmer under the objective estimation regime asks how to depreciate machinery after failing to do so in the first year. The DGT clarifies that depreciation can be applied as long as the maximum prescribed period is not exceeded.

In 6 key points

How it affects those involved

This clarification provides certainty for taxpayers under the objective estimation regime regarding the timing of depreciation claims for capital assets.

Lifecycle

2019-09-05PublishedPublished 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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