Doctrine by topic · DGT Observatory

Tangible Fixed Assets: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Settled doctrine High confidence 50 rulings · 2014–2026

Current position

Investment in real estate is eligible for the reduction for reinvestment of profits provided that it is kept in operation for five years without being transferred to third parties. In the case of assets acquired jointly, the deduction is limited to the taxpayer's ownership percentage. The value of the land must always be excluded from the calculation of the investment.

The DGT's position remains constant regarding the exclusion of the land value for the application of reinvestment reductions. The doctrine has specified that the transfer of use to third parties, such as housing for workers, breaks the requirement of permanence within the company. No change in criterion is observed, but rather an application of requirements regarding business use and ownership.

Turning points

  1. V2046-24

    Establishes that the transfer of real estate to workers for residential use constitutes a transfer to third parties that fails to meet the five-year permanence requirement.

Analysis based on 47 of 50 rulings with a stated position. Updated 19 September 2026.

Rulings on this topic

24
V5246-26 23 Jul 2026

Operating leases of vessels considered services, not goods delivery

SG de Impuestos sobre las Personas Jurídicas
arrendamiento operativoamortización linealinmovilizado materialbuques de recreoembarcaciones de recreo LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11.1
Affects CompanyExpat · Non-residentIndividual
V0940-26 27 Apr 2026

No possible to offset income indemnification against repair expenses

SG de Impuestos sobre las Personas Jurídicas
principio de no compensacióndevengoindemnizaciónbase imponibleinmovilizado material LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11.1
Affects CompanyExpat · Non-residentIndividual
V0046-26 13 Jan 2026

Rental income-linked contingent payments may increase fixed asset value

SG de Impuestos sobre las Personas Jurídicas
inmovilizado materialcontraprestación contingenteprecio de adquisiciónamortizacióndepreciación efectiva LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11.1
Affects CompanyExpat · Non-residentIndividual
V2193-25 17 Nov 2025

Subsidy from vehicle scrapping counted as business income

SG de Impuestos sobre la Renta de las Personas Físicas
rendimiento de la actividad económicaachatarramientoimputación temporalinmovilizado materialestimación directa simplificada LIRPF — Ley 35/2006 del IRPF art. 14.1.bLIRPF — Ley 35/2006 del IRPF art. 27.1
Affects CompanyExpat · Non-residentIndividual
V0612-25 1 Apr 2025

Livestock for breeding or milk production is tangible depreciable asset

SG de Impuestos sobre la Renta de las Personas Físicas
inmovilizado materialcoste de producciónamortizaciónrendimiento netoactividad ganadera LIRPF — Ley 35/2006 del IRPF art. 28.1LIRPF — Ley 35/2006 del IRPF art. 30
Affects CompanyExpat · Non-residentIndividual
V2003-24 18 Sept 2024

Dividend payments reduce investment reserve limit in Balearic Islands

SG de Impuestos sobre las Personas Jurídicas
reserva para inversiones en las illes balearsbase imponibleinversión anticipadainmovilizado materialtributación mínima Ley 31/2022 (LPGE 2023)LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 30 bis
Affects CompanyExpat · Non-residentIndividual
V2577-23 26 Sept 2023

Potential to apply accelerated depreciation after reaching €10 million turnover

SG de Impuestos sobre las Personas Jurídicas
entidad de reducida dimensiónlibertad de amortizacióncifra de negociosinmovilizado materialplantilla media LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 101.1LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 101.4
Affects CompanyExpat · Non-residentIndividual

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