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V2282-23 28 July 2023 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · deducción por adquisición de vehículo eléctrico

Public subsidies must be deducted from the acquisition value to calculate the electric vehicle tax relief

A query was raised regarding how to calculate the tax relief base for the purchase of an electric vehicle when part of the price has been subsidised. The Directorate General for Taxes (DGT) ruled that the acquisition value, including expenses and taxes, must be reduced by the amount of the public aid received.

The question raised

What would be the deduction base for the acquisition of an electric vehicle provided for in the fifty-eighth additional provision of the Personal Income Tax Law, in the event that a part of its price were subsidized through a public aid program.

The DGT's ruling

The deduction base is constituted by the acquisition value of the vehicle, including inherent expenses and taxes, after deducting the amounts subsidized through public aid. The maximum deduction base shall be 20,000 euros. If, after subtracting the subsidy, the amount exceeds 20,000 euros, the base shall be limited to said amount.

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