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V4906-16 ·14 November 2016 ·consulta-vinculante Medium impact
Tax

2014 development costs must be tax-deducted in 2014 if corrected as an accounting error

A company discovers in 2015 that activities from 2014 qualify as development costs and wishes to capitalise them in 2015. The DGT rules that, as this constitutes an accounting error, the income from capitalisation must be attributed to the 2014 financial year.

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2016-11-14PublishedPublished 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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