Determination of the amount of capital gains or losses: specific valuation standards
In addition to the general rules set forth heretofore, the Law contemplates certain specific valuation rules for determining the values of acquisition, transfer or both, in relation to capital gains and losses derived from the following goods or rights:
- 1. Onerous transfers of securities admitted to trading on any of the regulated securities markets of the European Union
- 2. Onerous transfers of securities not admitted to trading on any of the regulated securities markets of the European Union
- 3. Transmissions or redemptions of shares or participations in collective investment institutions regulated by Law 35/2003
- 4. Non-monetary contributions to companies
- 5. Separation of partners and dissolution of companies
- 6. Spin-off or merger of companies
- 7. Transfers
- 8. Compensation or insured capital for losses or incidents in assets
- 9. Exchange of assets or rights, including exchange of securities
- Extinction of life or temporary annuities
- Transfers of assets in exchange for income
- 12. Transfer or extinction of real rights of enjoyment over real estate
- 13. Incorporations of goods or rights that do not derive from a transfer
- 14. Operations carried out in the futures and options markets
- 15. Transmission of assigned or disaffected assets less than three years in advance
- Summary table of special rules