You may request it if you consider that the official tables do not reflect the actual impairment of your assets.
If your company depreciates its assets in accordance with the depreciation rates provided for in the regulations, the Tax Agency cannot dispute the deductibility of that depreciation: it is presumed that all these systems reflect the actual depreciation of the assets.
However, you may apply different rates if you consider that, for any of your assets, other rates better reflect their actual depreciation. In this case, and to avoid the risk of the Tax Agency disputing the depreciation applied, you may propose a special depreciation plan.
- You may submit your proposal at any time, provided it is within the asset’s construction or depreciation period, and you must duly justify the alternative depreciation you propose.
- The Tax Agency has three months from the submission of the application (or from its rectification at the request of the competent administrative body) to decide on it. If that period elapses without a decision being issued, the plan is deemed approved.
