3.4 Added value

Total value added (VA)

Sum of the value added under the general regime (VARG) and the value added under the special regime (VARESPT).

Added Value in the General Regime (VARG)

It consists of:

• Value added under the general regime in taxable and non-exempt activities and exempt activities with the right to deduction (VADD)

  Difference between the sum of commercial sales under the general regime and foreign sales (VTDD), and the sum of deductible current purchases (CCD).

• Value added under the general regime in exempt activities without the right to deduction (VASD)

  Difference between exempt sales without the right to deduction (VESD) and non-deductible current purchases (CCTSD).

Value added under special regime (VARESPT)

It consists of:

• Added value in special regimes integrated into the BIT (VARESP)

  Amount corresponding to the difference between current sales and purchases estimated in the following special regimes: Used goods, works of art, antiques and collectibles (MBU), Travel agencies (MAV), Simplified regime (VANT), Equivalence surcharge (VAREQ) and reverse charge on domestic transactions (ISPOI).

• Added value in the special agricultural regime (VANTAG)

  Amount corresponding to the difference between sales (VESD) and current purchases estimated in this special regime (BCAGR).

Content Note Table Type III:

Table Type III includes the essential variables described under the heading "Added Value" and, among them, the concept of "Added Value of Special Regimes Integrated in the BIT" which is directly integrated as one of the components of the Theoretical Basis.