Additional information

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

  Capital gains that become evident during the transfer of urban properties acquired for consideration between May 12, 2012 and December 31, 2012 will be 50% exempt. The exemption applies to urban properties, both affected and not affected by economic activities.

  This partial exemption is not applicable when the taxpayer has acquired or transferred the property to his spouse, to any person linked to him by kinship, in a direct or collateral line, by consanguinity or affinity, up to the second degree included, to an entity with respect to which occurs, with the taxpayer or with any of the aforementioned persons, any of the circumstances established in article 42 of the Commercial Code, 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 causes a loss and the transferred assets (or homogeneous values) have been acquired again within the terms and conditions provided for in article 33.5, letters e), f ) and g) of the Tax Law, since the capital loss must not be computed until the subsequent definitive transfer of the reacquired assets (or homogeneous values) occurs.

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

• Transportation by Autotaxis: transfer of intangible fixed assets

  Taxpayers who carry out the activity of transportation by autotaxi, classified in section 721.2 of the first section of the rates of the Tax on Economic Activities, and determine their net income by the objective estimation regime, will reduce the capital gains that occur to them as consequence 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 family members up to the second degree.

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

  1. The part of the profit that was generated prior to January 1, 2015 will be distinguished, understood as the part 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 part of the capital gain generated prior to January 1, 2015 will be reduced by applying the following percentages based on the number of years elapsed from the date of acquisition until December 31, 2014.

  The part of the capital gain generated prior to January 1, 2015 will be reduced by applying the following percentages based 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