News published in INFORMA 2019

New items published in the INFORMA programme during November

In the case of property acquisitions by inheritance or donation, only the cost of investments and improvements made to the property, as well as the part corresponding to the construction itself of the expenses and taxes inherent to the acquisition of the property, may be considered as the acquisition cost paid, excluding any interest paid by the purchaser. The accumulated amortization throughout its useful life may not exceed the acquisition value determined in accordance with the provisions of article 36 of the LIRPF .

In the event that a civil servant of the General Social Security Regime, after the birth of his child, chooses to request paternity leave for the birth of public employees instead of the paternity benefit paid by the National Social Security Institute, the remuneration received during said leave will be exempt in accordance with the provisions of the third paragraph of article 7.h) LIRPF .

In accordance with the provisions of the Supreme Court in judgment No. 1528/2019, senior management staff shall be entitled, in the event of termination of the contract due to the employer's withdrawal, to a mandatory minimum compensation of 7 days' salary per year of work, with a maximum of six monthly payments. Consequently, said mandatory compensation will be considered exempt income for the purposes of IRPF .