The DGT concludes that machinery not subject to a license, even if essential for the activity, does not form part of the ICIO tax base

As recalled by the Spanish Directorate General for Taxes (DGT), the Tax on Constructions, Installations and Works (ICIO) does not tax the performance of an industrial or productive activity but rather the realization of an installation, construction, or work. The taxable event for the ICIO consists of carrying out any construction, installation, or work for […]