Unaffected elements: Transfer and acquisition value

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

   • Transmission amount

     As a general rule, the actual amount for which the sale was made will be recorded. The actual amount of the sale value will be taken as the amount actually paid, provided that it is not less than the normal market value, in which case the latter will prevail.

     When the transfer has been for profit (inheritance or donation), the actual amount will be taken as the amount resulting from the application of the rules of the Inheritance and Gift Tax, without being able to exceed 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)

   • Amount of acquisition

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

     When the acquisition was for profit (inheritance or donation), the actual amount will be taken as the amount resulting from the application of the rules of the Inheritance and Gift Tax, without being able to exceed the market value.

     The cost of investments or improvements made to the transferred item 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 purchaser.

   • 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, computing, in all cases, the minimum amortization.

Virtual currencies

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

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

In the event of partial sales of virtual currencies that have been acquired at different times, it must be considered that those that are transferred are those acquired first (even if the purchases and transfers have been made at different exchange houses).

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