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V1831-20 ·8 June 2020 ·consulta-vinculante Medium impact
Tax

Heirs cannot deduct the deceased's professional indemnity insurance as a business expense

A query was raised regarding whether the heirs of a professional can deduct the professional indemnity insurance arising from the deceased's activity. The DGT ruled that it is not deductible for the heirs because they do not carry out the economic activity themselves.

In 6 key points

How it affects those involved

This ruling clarifies that professional expenses must be directly linked to the taxpayer's own economic activity, preventing heirs from claiming expenses related to a business they do not operate.

Lifecycle

2020-06-08PublishedPublished 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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