8.2.6.2.4.5. Cost price

Through a data capture window you must indicate the following concepts:

• Acquisition amount

  As a general rule, the actual amount for which said acquisition was made will be recorded.

  When the acquisition or transfer had been for profit (inheritance or donation), the actual amount resulting from the application of the Inheritance and Donation Tax rules will be taken as the actual amount.

  Transmission of elements related to economic activities

  If it involves the transfer of an element related to an economic activity, the acquisition price or production cost of the transferred element will be recorded, taking into account tax-deductible amortization.

  Note: The program does not contemplate the calculation of profits or losses derived from equity elements covered by the Balance Sheet Update.

• Expenses and taxes

  These boxes will include the expenses and taxes inherent to the acquisition, excluding interest, that have been paid by the acquirer.

Repayments

In the case of the transfer of assets whose amortization has been tax deductible (leased properties or elements used for economic activities), the tax deductible amortizations will be recorded in the year in which they were deducted.

The acquisition value for affected elements, taking into account the above, will be made up of:

• The acquisition value of the good (or production cost or affectation value)

• More : The cost of investments or improvements made in the transferred element.

• Minus : The amount of tax-deductible amortization, calculating, in any case, the minimum amortization.

• Minus : The amount of partial disposals that, if applicable, had been carried out previously, as well as the losses suffered by the asset element.