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V0767-17 27 March 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · afectación exclusiva

Only business-use expenses for tourist vehicles can be deducted

An industrial engineer asks about the deductibility of vehicle expenses, amortisation and VAT via leasing or purchase. The DGT responds that, as a tourist vehicle, all items are deductible only if exclusively used for economic activity.

The question raised

Question posed - If the vehicle is acquired under a renting modality, it is asked whether the total amount of the installments can be deducted as an expense in the Personal Income Tax return, and whether the full amount of the VAT incurred can be deducted.

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