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V4040-16 ·22 September 2016 ·consulta-vinculante Medium impact
Tax

Profit reinvestment deduction cannot be applied to the purchase of a second-hand premises

A taxpayer inquired whether they could apply the profit reinvestment deduction after purchasing the premises where they carry out their business activity. The Directorate General for Taxes (DGT) ruled that this is not possible, as the investment must be made in new assets.

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2016-09-22PublishedPublished 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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