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V2161-24 ·9 October 2024 ·consulta-vinculante Medium impact
Tax

60% tax deduction for energy renovation works in residential buildings based on ownership share

A homeowner requested clarification on how to calculate the tax deduction base for energy renovation works in their building, which were funded through an indemnity and a grant received by the community. The Directorate General for Taxes (DGT) ruled that the base is determined by the owner's participation coefficient, minus their proportional share of the grant received.

In 6 key points

How it affects those involved

This ruling clarifies how owners must calculate the tax deduction base when community-wide energy improvements are funded by collective grants, ensuring that the tax benefit is correctly adjusted to reflect the actual personal expenditure.

Lifecycle

2024-10-09PublishedPublished 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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