Skip to content
V2021-24 ·23 September 2024 ·consulta-vinculante Medium impact
Tax

Mortgage costs for property acquisition constitute part of the higher acquisition value and are amortisable

A taxpayer has enquired whether expenses associated with a mortgage (notary, registry, taxes, etc.) can be deducted as depreciation of a leased property. The Directorate General for Taxes (DGT) has ruled that these expenses are inherent to the acquisition and, therefore, form part of the acquisition value for depreciation purposes.

In 5 key points

Lifecycle

2024-09-23PublishedPublished 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