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2021 Wealth Tax practical guide.

Net assets (gross tax base)

Regulations: Art. 9 Wealth Tax Act

This magnitude is constituted by the algebraic difference between the gross amount of the assets and the total deductible debts.

Therefore:

(+) GROSS ASSETS: Assets AND DERS

Real estate

Assets and rights relating to economic activities

Deposits in a checking or savings account, in the demand or in the term, financial accounts and other types of account deposits

Securities representing the transfer of equity to third parties

Securities representing the participation in equity of any type of entity

Life insurance

Temporary or life annuities

Vehicles, jewellery, luxury leather, vessels and aircraft

Art and antiquities objects

Real rights of use and enjoyment (excluding those that, if applicable, fall on the taxpayer's habitual residence)

Administrative concessions

Intellectual and industrial property rights

Contractual options

Virtual currencies

Other goods and rights of economic content

(-) DEDUCTIBLE DEBT

= EQUITY