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A company asks whether it can deduct 50% of the IVA on a vehicle purchased and sold on the same day. The DGT states that since the vehicle is sold on the same day, it is not an investment asset and partial IVA deduction is not allowed.
Analysis pending. This ruling has been identified and indexed by the automatic ingestion system. BMC's team will complete the plain-language analysis within 24 hours. You may access the official source in the meantime.
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