4,2,3,1. C1) Non-exempt property and rights relating to business and professional activities (except property affected)

The assets and rights associated with economic activities according to the personal income tax rules will be calculated by the value resulting from their accounting, by difference between the real asset and the liability required, provided that this is in accordance with the provisions of the Commercial Code.

In the absence of accounting in accordance with the Commercial Code, the valuation of each asset or right to the activity will be that resulting from the other valuation rules of this Tax, which are set out in the remaining sections.

Completion

You must enter the following details for each good or right:

• The Tax Code of the Economic Activities Tax (I.A.E.).
• The address where the activity is carried out.
• The description of the good or right.
• The valuation of the asset in accordance with the valuation rule set out above.