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V1449-21 ·18 May 2021 ·consulta-vinculante Medium impact
Tax

The limit for accumulated property depreciation is its acquisition value

The taxpayer inquires about the limit for accumulated depreciation on leased properties. The DGT rules that, while there is an annual limit for deductible expenses, the total accumulated depreciation cannot exceed the acquisition value of the property.

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2021-05-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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