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V0738-19 2 April 2019 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · amortización

Assets of an inherited economic activity may be depreciated based on their acquisition value

An heir enquires whether she can continue the pending depreciation of her father's agricultural activity. The DGT rules that she may depreciate the inherited assets based on their acquisition value through inheritance.

The question raised

Whether she may continue to carry out the depreciations that remained pending upon her continuing the economic activity previously carried out by her father.

The DGT's ruling

The assets used for the deceased's economic activity pass to being used for the heir's activity. These assets may be depreciated to determine the net income of her economic activity. Depreciation shall be calculated based on the acquisition value, which in the case of an inheritance shall be the market value increased by the expenses and taxes inherent to the acquisition.

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