Specific valuation standards

In these cases of transfers of assets in exchange for a temporary or life annuity, the capital gain or loss will be determined by the difference between the following values:

• Actuarial financial present value of income.
• Acquisition value of the transferred assets.

Important: If the asset transferred is the habitual residence and the transferor of the same is over 65 years of age or a person in a situation of severe dependency or great dependency, the capital gain that may be derived from this operation is exempt from Personal Income Tax

Assets acquired before December 31, 1994

In this case, if a capital gain is obtained, the part of the capital gain that was generated prior to January 20, 2006 (the only one to which the reduction or reduction coefficients will be applicable) must be distinguished from that generated later. to that date on which the reduction or abatement coefficients are not applicable.

The determination of the capital gain generated prior to January 20, 2006 and the application, where applicable, of the reducing coefficients will be carried out in accordance with the distribution rules discussed herein Chapter.