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V1459-21 ·18 May 2021 ·consulta-vinculante Medium impact
Tax

Land value portion is not deductible in olive grove depreciation

A taxpayer carrying out agricultural activities under the objective estimation method enquires how to determine the depreciation of olive groves and the value of the land. The DGT rules that land value is not depreciable and that its determination must be substantiated with evidence.

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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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