Deductible expenses

Regulations: Articles 26.1 b) Law IRPF and 20 Regulation

Income derived from the provision of technical assistance, the leasing of movable property, businesses or mines or from subleases. In these cases, the expenses necessary to obtain them, as well as the amount of the deterioration suffered by the assets or rights from which the income comes, will be deductible from the total income.

For these purposes, the expenses considered deductible are those provided for as such for the income from real estate capital discussed in the previous chapter, with the exception that the limit provided for interest and other financing expenses and repair and maintenance expenses is not applicable.