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V2401-23 ·6 September 2023 ·consulta-vinculante Medium impact
Tax

Asset derecognition not applicable upon building demolition; prospective revision of accounting estimates required instead

A company queried whether it could derecognise the asset representing property rights over a building following its demolition for new construction. The DGT ruled that the asset should not be derecognised, but rather that a change in the accounting estimate must be applied prospectively.

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2023-09-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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