{"id":19803,"date":"2023-12-20T10:28:14","date_gmt":"2023-12-20T09:28:14","guid":{"rendered":"\/?p=19803"},"modified":"2025-12-04T10:36:50","modified_gmt":"2025-12-04T09:36:50","slug":"asset-holding-companies-the-high-court-of-justice-of-the-basque-country-clarifies-the-tax-treatment-in-the-case-of-sales-of-assets-with-non-deductible-depreciation","status":"publish","type":"post","link":"https:\/\/www.euskaltax.com\/en\/actualidad\/uncategorized\/asset-holding-companies-the-high-court-of-justice-of-the-basque-country-clarifies-the-tax-treatment-in-the-case-of-sales-of-assets-with-non-deductible-depreciation","title":{"rendered":"Asset-holding companies: the High Court of Justice of the Basque Country clarifies the tax treatment in the case of sales of assets with \u201cnon-deductible\u201d depreciation"},"content":{"rendered":"In what is the latest chapter in a long-running debate on the taxation of asset-holding companies, a ruling was handed down on December 7, 2023, in a case defended by the law firm MUGURUZA Y GOMETZA ABOGADOS.\r\n\r\nIn this ruling, the TSJPV determines that the \u201cnon-deducted\u201d application by the asset-holding company does not reduce the net tax value of the property for the purposes of subsequent transfers thereof.\r\n\r\nThis stance overturns the position held by the regional tax authorities, in the case of \u00c1lava until the regulatory amendment was made, whereby this amortization was considered to be incorporated into the tax credit to which the company is entitled at a rate of 30% or 20% as a lump sum for expenses.\r\n\r\nThis should have been granted the status of a permanent difference, as it was a ruling on an aspect regulated exclusively by regional regulations (without transposition to the regulations of the Common Territory).\r\n\r\nIt is difficult for this to constitute a matter of interest for cassation that warrants the acceptance of an appeal before the Supreme Court. Therefore, it is time to review the accounting of wealth taxes, generating deferred taxes for \u201cnon-deducted\u201d amortizations as of January 1, 2014, without prejudice to any corrections arising from self-assessments for non-prescribed financial years that include real estate sales.","protected":false},"excerpt":{"rendered":"<p>In what is the latest chapter in a long-running debate on the taxation of asset-holding companies, a ruling was handed down on December 7, 2023, in a case defended by the law firm MUGURUZA Y GOMETZA ABOGADOS. In this ruling, the TSJPV determines that the \u201cnon-deducted\u201d application by the asset-holding company does not reduce the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":19465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-19803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/posts\/19803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/comments?post=19803"}],"version-history":[{"count":1,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/posts\/19803\/revisions"}],"predecessor-version":[{"id":19804,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/posts\/19803\/revisions\/19804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/media\/19465"}],"wp:attachment":[{"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/media?parent=19803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/categories?post=19803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euskaltax.com\/en\/wp-json\/wp\/v2\/tags?post=19803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}