4.3.3. Total tax liability

Exempt property and rights, except for determining the type of tax

Box 28 must only be completed by taxpayers in the following circumstances:

That they are subject to the tax due to a personal obligation to contribute.
That they are the owners of assets or rights located or that can be exercised or must be fulfilled in a State with which Spain has signed a bilateral Agreement to avoid double taxation in the area of wealth taxes.
That the provisions of the aforementioned Convention indicate that said elements are exempt from the Spanish Wealth Tax, but may be taken into account to calculate the tax corresponding to the remaining elements of the taxpayer's assets.

In these circumstances, the value of the aforementioned exempt assets and rights will be recorded, determined in accordance with the valuation rules of the tax, reduced, where applicable, by the value of the charges, liens and debts corresponding to them which, if there were no exemption, would be considered tax deductible.

The taxable base of the tax will be taxed at the rates of the scale that has been approved by the Autonomous Community.

If the Autonomous Community has not approved the scale referred to in the previous section, the taxable base of the Tax will be taxed at the rates of the scale provided for in article 30.2 of Law 19/1991, on the Wealth Tax:

Net tax base Up to euros	Tax payable Euros	Remainder of tax base Up to euros	Applicable rate Percentage
0.00	0.00	167,129.45	0.20
167,129.45	334.26	167,123.43	0.30
334,252.88	835.63	334,246.87	0.50
668,499.75	2,506.86	668,499.76	0.90
1,336,999.51	8,523.36	1,336,999.50	1.30
2,673,999.01	25,904.35	2,673,999.02	1.70
5,347,998.03	71,362.33	5,347,998.03	2.10
10,695,996.06	183,670.29	upwards	3.50