4.2.7.2. Section G2

G2) Shares and participations in the share capital or own funds of any legal entities traded on organized markets (art. 15 Law 19/91)

This heading will include shares and participations in the share capital or own funds of any legal entities traded on organized markets, except those corresponding to Collective Investment Institutions.

Rules of assessment

These shares and participations will be computed by the average trading value of the fourth quarter of each year.

For these purposes, the relationship of the securities traded on organized markets, with their average trading value corresponding to the fourth quarter of 2019, for the purposes of the Wealth Tax declaration for the year 2019 and the annual informative return on securities, insurance and income is included in Order HAC/176/2020, of February 20 (BOE of the 29th).

Subscription of new shares not yet admitted to trading

When it comes to the subscription of new shares, not yet admitted to official listing, issued by legal entities listed on organized markets, the value of these shares will be taken as the value of the last trading of the old securities within the subscription period.

Capital increases pending disbursement

In cases of capital increases pending disbursement, the valuation of the shares will be carried out in accordance with the previous rules, as if they were fully paid up, including the part pending disbursement as the debt of the taxpayer.

Completion

Regarding each of the shares or participations, you must record: the key corresponding to the full ownership or bare ownership depending on the case, the percentage of ownership, the number of securities (the program allows decimals), the ISIN assigned by the CNMV or, failing that, the NIF of the issuer, the description of the values and value.