4. Household furnishings

Regulations: Art. 4.Four Wealth Tax Law

Domestic trousseau is exempt , understood as personal and household effects, household utensils and other personal property for the taxable person's private use.

Exceptions are:

• The jewerly,

• Luxury furs, automobiles,

• Vehicles with two or three wheels with a cylinder capacity equal to or greater than 125 cubic centimeters,

• Recreational or water sports boats,

• The aircraft, and

  See in this regard the rules for the valuation of goods and rights in Chapter 3 of this manual, the section " Vehicles, jewelry, luxury skins, boats and aircraft ".

• Art objects and antiques.

  See in this regard the rules for valuing assets and rights in Chapter 3 of this manual, the section " Objects of art and antiques ".