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V1095-20 ·28 April 2020 ·consulta-vinculante Medium impact
Tax

Deductibility of 3% depreciation and conditions for the 60% reduction on real estate capital income

The taxpayer inquires about the calculation of depreciation for a property intended for rent and whether they qualify for the residential lease reduction. The DGT clarifies the depreciation calculation method and the requirements to apply the 60% reduction.

In 6 key points

How it affects those involved

This clarification provides certainty regarding the tax treatment of rental income, specifically concerning the calculation of deductible depreciation and the eligibility criteria for the residential lease tax reduction.

Lifecycle

2020-04-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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