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V1814-19 11 July 2019 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · atribución de rentas

To deduct vehicle expenses in a community of property, the vehicle must be an asset used for economic activity

A community of property has requested clarification on whether, when calculating income attributed to its members, the acquisition value of a vehicle should be considered or only its depreciation. The Directorate General for Taxes (DGT) responds that expenses are deductible if the vehicle is an asset used for economic activity, and that its acquisition value is deducted through depreciation.

The question raised

Question posed: Whether, when calculating the income attributed to each co-owner, the acquisition value of the vehicle must be taken into account or only its depreciation.

The DGT's ruling

The income from economic activities attributed to the co-owners maintains the nature of said income. For vehicle expenses to be deductible, the vehicle must be an asset used for the economic activity. In such a case, the deduction of the acquisition value must be carried out through the application of the corresponding depreciation coefficient.

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