Additional information

• Capital gains obtained from the transfer of urban properties acquired for valuable consideration between May 12 and December 31, 2012

  Capital gains arising from the transfer of urban property acquired for valuable consideration between May 12, 2012, and December 31, 2012 will be exempt by 50%. The exemption applies to urban property both assigned and not assigned to economic activities.

  This partial exemption is not applicable when the taxpayer has acquired or transferred the property to his or her spouse, to any person related to him or her by blood or marriage, up to the second degree included, or to an entity in respect of which any of the circumstances established in article 42 of the Commercial Code occur with the taxpayer or any of the aforementioned persons, regardless of residence and the obligation to prepare consolidated annual accounts.

• Repurchase operations of the transferred item

  This box will be checked if the transfer gives rise to a loss and the transferred assets (or homogeneous securities) have been reacquired within the time periods and conditions provided for in article 33.5, letters e), f) and g) of the Tax Law, since the capital loss should not be computed until the subsequent definitive transfer of the reacquired assets (or homogeneous securities) takes place.

  However, the loss must be declared and quantified in the declaration for the year in which it was generated, even if it is not included for liquidation purposes. by checking the box provided for this purpose.

• Transportation by taxi: Transfer of intangible fixed assets

  Taxpayers who carry out the activity of taxi transport, classified under section 721.2 of the first section of the rates of the Tax on Economic Activities, and determine their net income using the objective estimation regime, will reduce the capital gains that occur as a result of the transfer of intangible fixed assets, when this transfer is motivated by:

  • Permanent disability.

  • Retirement.

  • Cessation of activity due to restructuring of the sector.

  • Transmission, whatever the cause, to relatives up to the second degree.

  The reduction will be obtained by applying the following rules to the capital gain:

  1. The portion of the profit generated prior to January 1, 2015 will be distinguished, understanding this as the portion of the capital gain that proportionally corresponds to the number of days elapsed between the date of acquisition and December 31, 2014, both inclusive, with respect to the total number of days that it would have remained in the taxpayer's assets.

  2. The portion of the capital gain generated prior to January 1, 2015 will be reduced by applying the following percentages depending on the number of years elapsed from the date of acquisition until December 31, 2014.

  The portion of the capital gain generated prior to January 1, 2015 will be reduced by applying the following percentages depending on the number of years elapsed from the date of acquisition until December 31, 2014.

  See complete table

  Until (years)		More than (years)
  1		1	2	3	4	5	6	7	8	9	10	11	12
  Reduction	4%	8%	12%	19%	26%	33%	40%	47%	54%	61%	74