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V1259-19 3 June 2019 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · fondo de comercio

Goodwill acquired by donation cannot be amortised

The taxpayer asks whether they can amortise the goodwill of a business acquired through a donation. The DGT rules that this is not possible because goodwill is only recognised in accounting for onerous acquisitions.

The question raised

Whether it is possible to amortize goodwill.

The DGT's ruling

To determine the net income for Personal Income Tax purposes, the rules of Corporate Income Tax are applied. Goodwill may only appear in the accounting assets when its value arises from an onerous acquisition. As the acquisition is by donation, goodwill cannot be recorded and, therefore, its amortization is not tax-deductible.

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