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V1220-18 10 May 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · estimación objetiva

Acquisition of CAP single payment rights may be deducted through depreciation

A farmer under the objective estimation regime enquires whether the purchase of CAP single payment rights is deductible. The DGT rules that these rights constitute intangible fixed assets and are deductible via depreciation.

The question raised

Whether, for the determination of the net income from the activity, such acquisition may be deducted.

The DGT's ruling

The CAP single payment rights constitute intangible fixed assets as they are independently transferable and generate income over several fiscal years. Under the objective estimation method, their depreciation is applied according to group 6 of the Depreciation Table of Order HFP/1159/2017, with a maximum straight-line coefficient of 15 percent and a maximum period of 10 years.

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