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V3133-14 ·19 November 2014 ·consulta-vinculante Medium impact
Tax

Profit reinvestment deduction requires properties to be new assets

A company engaged in property leasing has enquired whether it can apply the profit reinvestment deduction under Article 37 of the TRLIS when acquiring two properties. The DGT has ruled that for the investment to be valid, the properties must be new assets, meaning they must be used for the first time.

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2014-11-19PublishedPublished 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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