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V2355-24 ·14 November 2024 ·consulta-vinculante Medium impact
Tax

Requirements for electric vehicle tax deductions and treatment of MOVES III grants

The taxpayer enquires whether they can claim a tax deduction for the purchase of an electric vehicle and how to treat the MOVES III programme grant. The DGT clarifies that the deduction requires the vehicle to be registered for the first time in Spain in the taxpayer's name, and that any grant received constitutes a capital gain.

In 6 key points

How it affects those involved

This ruling clarifies the specific registration requirements for claiming electric vehicle tax relief and confirms that public subsidies must be declared as capital gains for tax purposes.

Lifecycle

2024-11-14PublishedPublished 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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