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V1502-18 ·4 June 2018 ·consulta-vinculante Medium impact
Tax

Application of VAT pro rata in mixed leases and 3% depreciation deduction for Personal Income Tax

A community of property seeks clarification regarding VAT deductibility in its leasing activities and property depreciation for Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) clarifies that the VAT pro rata method must be applied when conducting both taxable and exempt activities, and that IRPF depreciation is limited to 3% of the higher value between the acquisition cost or the cadastral value (excluding land).

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2018-06-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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