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V1245-23 ·11 May 2023 ·consulta-vinculante Medium impact
Tax

The limit for accumulated depreciation of a property is its acquisition value

A taxpayer has enquired about the limit for deductible depreciation regarding income from real estate capital. The DGT clarifies that, although there is an annual limit of 3%, the total accumulated depreciation cannot exceed the acquisition value of the property.

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2023-05-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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