4.2.11. K) Jewelry, luxury skins, vehicles, boats and aircraft

This section should include 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.

Assessment

The valuation of these assets will be carried out at the market value on the date of the accrual of the Tax (December 31).

For these purposes, the valuation tables for used vehicles applicable to the management of Taxes on Property Transfers and Documented Legal Acts may be used to determine the market value. and Inheritance and Gift Tax and Special Tax on Certain Means of Transport included in Order HAC/1273/2019 of December 16.

Completion

For each of the assets you must record: the key corresponding to full ownership or bare ownership, as the case may be, the percentage of ownership, the registration in the case of vehicles, boats, or aircraft, the description and the value.

If you have to relate more elements than those contemplated in the program, you can declare them cumulatively in the last box. In this case you will only have to fill in the data relating to the description and the valuation.