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/1275/2020, of December 30.

Completion

Regarding each of the assets, you must record: the key corresponding to full ownership or bare ownership depending on the case and the percentage of ownership. If you have different rights over the same asset, the completion will be done by differentiating the percentage of ownership of each of them and recording the data corresponding to each one by clicking "register asset or right".

In addition, you will complete the description of the property, the value and the registration in the case of vehicles, boats, or aircraft.

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.