Unaffected elements: Transmission and acquisition value

1. Transmission value (general rules) (special rules)

   • Transmission amount

     As a general rule, the actual amount for which the sale would have been carried out will be recorded. The amount actually paid will be taken as the actual amount of the sale value, provided that it is not lower than the normal market value, in which case the latter will prevail.

     When the transfer was 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, without exceeding the market value.

   • Expenses and taxes: The expenses and taxes inherent to the transfer will be recorded as soon as they are paid by the transferor.

2. Acquisition value (general rules) (special rules)

   • Acquisition amount

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

     When the acquisition had been for lucrative purposes (inheritance or donation), the actual amount resulting from the application of the Inheritance and Donation Tax rules will be taken as the actual amount, without exceeding the market value.

     The cost of the investments or improvements made in the transferred element will form part of the acquisition value.

   • 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), the tax deductible amortizations will be recorded in the year in which they were deducted, calculating, in any case, the minimum amortization.

Virtual currencies

The capital gain or loss derived from the transmission of virtual currencies in exchange for euros or other legal tender will be determined by the difference between the transmission and acquisition value.

If what is exchanged is a virtual currency for a different currency, the capital gain or loss will be determined in accordance with the rules of swaps .

In the case of partial sales of virtual currencies that had been acquired at different times, it must be considered that those that are transmitted are those acquired in the first place (even if the acquisitions and transmissions had been made in different exchange offices).

The imputation will be made, in general, in the year in which the currency is delivered under the purchase and sale contract.