Concept of capital goods

goods are tangible, movable, livestock or immovable property that, due to their nature and function, are normally intended to be used for a period of more than one year as work instruments or means of exploitation.

The following are not considered investment assets:

• Accessories, spare parts and works for the repair of capital goods.

• Containers and packaging, even if they can be reused.

• Clothing used for work by taxpayers or their staff.

• Any other asset with a value less than 3,005.06 euros.