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V3356-19 ·10 December 2019 ·consulta-vinculante Medium impact
Tax

Taxpayer investment mechanism applies if works meet building renovation requirements

A company has enquired whether installing equipment in its warehouses constitutes building renovation and if it may apply the taxpayer investment mechanism. The DGT indicates that the application of this mechanism depends on the works meeting the qualitative and quantitative requirements for renovation.

In 6 key points

How it affects those involved

Companies must ensure that renovation works strictly adhere to both qualitative and quantitative criteria to qualify for the taxpayer investment mechanism.

Lifecycle

2019-12-10PublishedPublished 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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