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V2174-21 30 July 2021 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IVA · leasing financiero

IVA deduction in tourism vehicle leasing presumed at 50%

An architecture firm asks about the deductibility of VAT and expenses for leasing a tourist vehicle, fuel and maintenance. The DGT states that for tourist vehicles, a 50% presumption of business activity applies.

The question raised

1. Whether the consulting entity can deduct the total amount of VAT from the financial leasing.

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