Skip to main content
Heritage 2020

4.2.11. K) Jewelry, luxury skins, vehicles, boats and aircraft

This section should include jewelry, luxury furs, automobiles, two- or three-wheeled vehicles, whose cylinder capacity is equal to or greater than 125 cubic centimeters, recreational or water sports boats, airplanes, light aircraft, sailboats and other aircraft.

Assessment

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

For these purposes, the valuation tables of used vehicles applicable in the management of Taxes on Property Transfers and Documented Legal Acts may be used to determine the market value. and Inheritance and Donation Tax and Special Tax on Certain Means of Transport included in Order HAC/1273/2019 of December 16.

Completion

Regarding each of the assets, you must record: the key corresponding to full ownership or bare ownership depending on the case, the percentage of ownership, the registration in the case of vehicles, boats, or aircraft, the description and the value.

If you have to list more elements than those contemplated in the program, you can declare them cumulatively in the last box. In this case you will only have to fill in the data related to the description and the rating.