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V3227-20 ·28 October 2020 ·consulta-vinculante Medium impact
Tax

Goodwill amortisation is deductible subject to an annual limit of one twentieth of its value

A query was raised regarding whether the amortisation of goodwill for a pharmacy would be deductible for the acquirers. The DGT clarifies that goodwill amortisation is a deductible expense, subject to a maximum annual limit of one twentieth of its total amount.

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2020-10-28PublishedPublished 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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