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V1259-23 ·12 May 2023 ·consulta-vinculante Medium impact
Tax

Depreciation of donated assets may be deductible if donor's acquisition values and dates are subrogated

A taxpayer inquired whether the depreciation of a pharmacy office received as a donation could be deducted as an expense for Personal Income Tax (IRPF) purposes. The Directorate General for Taxes (DGT) ruled that this is possible, provided the recipient subrogates to the donor's position regarding acquisition values and dates.

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2023-05-12PublishedPublished 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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