4.3.5. Quota limit. Completion

To calculate this limit, a data capture window will appear in box 30 "Sum of the IRPF tax bases", where the following information must be entered:

1. Type of taxation in the IRPF

   The type of taxation, individual or joint, will be indicated in the Personal Income Tax corresponding to the fiscal year.

2. Details of declarant

   • Net value of unproductive assets

     The value of assets that, due to their nature or purpose, are not likely to produce income taxed by the Personal Income Tax Law, such as, for example, non-affiliated vehicles, jewellery, luxury furs, etc., will be indicated.

     The net value is obtained by subtracting from the value of these assets the deductible debts corresponding to them, as well as the proportional part of those other debts that, while also deductible, are not linked to any asset.

     If the value is zero, you can leave the box blank.

   • Personal Income Tax (IRPF boxes 0435 and 0460)

     The taxable bases (general and savings) will be indicated in the Income Tax return for the year 2022 of the declarant, in the case of individual taxation, or of the family unit, in the case of joint taxation.

     If the general tax base and the savings tax base are zero, you must indicate this by marking an “X” in the specific box established for this purpose.

     For the purposes of determining the amount of the taxable base for personal income tax savings, the following rules must be applied:

     1. The portion of the aforementioned taxable savings base that corresponds to the positive balance of capital gains and losses obtained from transfers of assets acquired or improvements made to them more than one year prior to the date of the transfer will not be taken into account (the amount will be entered in box 32 of the declaration).

        To determine this amount, you will record:

        • The positive balance of capital gains and losses to be included in the savings tax base recorded in box 0424 of the personal income tax return.

        • For the purposes of making any offsets against the positive balance of capital gains and losses to be included in the savings tax base, the negative net balances of capital gains and losses from 2018 to 2021 and the negative balances of movable capital from 2018 to 2021 to be included in the savings tax base, the sum of boxes 0436, 0439, 0440, 0441, 0442, 0443, 0444, 0445 and 0447 of the personal income tax return will be reflected.

        • It will reflect the positive balance of capital gains and losses corresponding to transfers of assets acquired more than one year in advance.

     2. It will record the amount of dividends and profit shares obtained by holding companies, regardless of the entity that distributes the profits obtained by the aforementioned holding companies.

   • Full IRPF quotas (IRPF boxes 0545 and 0546)

     The full IRPF quotas corresponding to the taxable bases (general and savings) of the declarant, in the case of individual taxation, or of the family unit, in the case of joint taxation, will also be indicated.

3. Spouse data

   This section must only be completed in the case of joint income tax, provided that the spouse is required to file a Wealth Tax return.

   The program does not contemplate the possibility that minor children who, where applicable, are part of the family unit file a tax return for this tax.

   • Taxable base

     The taxable base resulting from the spouse's Wealth Tax return must be indicated (box 25).

   • Net value of unproductive assets

     The net value of the spouse's assets that, due to their nature or purpose, are not likely to produce income taxed by the Personal Income Tax Law, such as, for example, non-affiliated vehicles, jewelry, luxury furs, etc., will be indicated.

     The net value is obtained by subtracting from the value of these assets the deductible debts corresponding to them, as well as the proportional part of those other debts that, while also deductible, are not linked to any asset.

     If the value is zero, you can leave the box blank.

   • Total tax liability

     The Full Quota corresponding to the spouse's Wealth Tax declaration will be recorded (box 29)