8. Vehicles, jewelry, luxury furs, boats and aircraft

Regulations: Art. 18 Wealth Tax Law

This section includes jewellery, luxury furs, cars, two- or three-wheeled vehicles with a cylinder capacity equal to or greater than 125 cubic centimetres, recreational or water sports boats, aeroplanes, light aircraft, sailboats and other aircraft owned by the declarant.

The valuation of these assets will be carried out according to their market value on the date of accrual of tax (December 31).

To determine the market value, the valuation tables for used vehicles applicable in the management of the Property Transfer Tax and Documented Legal Acts, Inheritance and Gift Tax and Special Tax on Certain Means of Transport, included for 2025 in the Order, may be used. HAC/1484/2024, of December 26 (BOE December 28).