Skip to content
V1828-21 ·10 June 2021 ·consulta-vinculante Medium impact
Tax

Usufructuaries may amortise property acquisition costs subject to specific limits

A usufructuary has requested guidance on how to calculate the depreciation of a leased commercial premises. The Directorate General for Taxes (DGT) has indicated that, as these constitute income from real estate capital, depreciation depends on whether the right is life interest or for a fixed term.

In 6 key points

Lifecycle

2021-06-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact