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V0992-24 10 May 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancias y pérdidas patrimoniales

No capital loss allowed for vehicle scrapped for parts

A taxpayer inquired whether they could declare a capital loss after purchasing a vehicle, experiencing breakdowns, and subsequently scrapping it for €300. The DGT ruled that such a loss is not applicable because the decrease in value results from the consumption of the asset.

The question raised

"Acquisition and transfer values of the vehicle for the purposes of a potential capital loss".

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