Example

Don SMG, resident in Malaga, presents the following data in his Wealth Tax return for the 2019 financial year:

• Taxable base:  1,400,000
• Liquidable base:700,000

The declared assets include, among others, the following:

• Commercial premises located in Ceuta whose net value amounts to: 195,000
• Shares of SA "X", domiciled and with exclusive corporate purpose in Ceuta, whose net value amounts to: 100,000

Determine the amount corresponding to the bonus fee for assets located in Ceuta and Melilla:

Solution

• Full amount of the Wealth Tax ⁽¹⁾: 3,385.01
• Net value of assets in Ceuta and Melilla ⁽²⁾: 100,000
• Part of the quota corresponding to said goods ⁽³⁾: 241.79
• Bonus (75 per 100 s/241.79) = 181.34
• Installment fee (3,385.01 – 181.34) = 3,203.67

Notes to the example:

⁽¹⁾ See tax scale applicable in the Autonomous Community of Andalusia in chapter 4. ^(Back)

⁽²⁾ Not being a resident of Ceuta or Melilla, the taxpayer does not have the right to receive a bonus for the premises. ^(Back)

⁽³⁾ The part of the full quota corresponding to the shares of SA "X" is determined through the following operation: (100,000 x 3,385.01) ÷ 1,400,000. ^(Back)