12. Intellectual and industrial property rights

Regulations: Art. 22 Wealth Tax Law

The rights derived from Intellectual and Industrial Property acquired from third parties who are not involved in the development of economic, business or professional activities must be computed at their acquisition value.

If the rights derived from Intellectual and Industrial Property acquired from third parties are affected by the development of business or professional activities, they must be declared in the section corresponding to goods and rights affected by economic activities .

Remember: in accordance with article 4. Six of the Wealth Tax Law, rights derived from intellectual or industrial property are exempt as long as they remain in the author's estate and, in the case of industrial property, are not affected by business activities.