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V3436-15 ·11 November 2015 ·consulta-vinculante Medium impact
Tax

Reversal of impairment losses on tangible fixed assets is included in the tax base when book value is recovered

The query asks how to tax the reversal of impairment losses on tangible fixed assets recorded in 2014. The DGT rules that inclusion in the tax base occurs during the period in which the recovery of value is recognised for accounting purposes.

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2015-11-11PublishedPublished 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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