4,2,12. L) Objects of art and antiques

In this section, objects of art and non-exempt antiquities must be declared, using a succinct description, and the declarant's ownership.

For the purposes of this Tax, the following definitions are used:

• Objects of art: Paintings, sculptures, drawings, prints, lithographies or other similar, provided that, in all cases, they are original works.

• Antiques: Movable, useful or ornamental property, excluding objects of art, which are more than one hundred years old and whose fundamental characteristics have not been altered by modifications or repairs made during the last years.

The list of objects of art and antiquities that should not be declared is explained under the heading "Goods and exempt rights" of this aid.

Assessment

The valuation of these assets will be carried out at their market value on the date of accrual of the Tax (31 December).