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V0125-18 23 January 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · amortización

Acquisition cost for the depreciation of properties received in liquidation is market value plus expenses

A query was made regarding the acquisition cost of properties received following the dissolution and liquidation of a company for the purpose of calculating depreciation. The DGT ruled that this cost shall be the market value used to determine the capital gain or loss, plus the expenses and taxes incurred during the acquisition.

The question raised

For the purposes of calculating the deductible depreciation of the gross income from real estate capital derived from the leasing of the aforementioned real estate, what is the acquisition cost satisfied thereof.

The DGT's ruling

The acquisition cost satisfied for the calculation of depreciation of real estate received through the dissolution and liquidation of a company is composed of the market value taken into account for the capital gain or loss, plus the expenses and taxes inherent to the acquisition thereof.

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