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V1973-20 ·17 June 2020 ·consulta-vinculante Medium impact
Tax

Valuation of full ownership and usufruct for Wealth Tax and Personal Income Tax

A taxpayer inquires how to value properties in which they hold 50% full ownership and 50% usufruct for Wealth Tax and Personal Income Tax purposes. The DGT clarifies that both rights must be valued separately and that distinct depreciation rules must be applied to each for Personal Income Tax.

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2020-06-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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