12. Intellectual and industrial property rights

Regulations: Art. 22 Wealth Tax Law

Rights derived from Intellectual and Industrial Property acquired from third parties that 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 assets and rights affected by economic activities .

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