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 HFP/1259/2022, of December 14 (BOE of December 20).

Completion

For each of the assets you must record: the key corresponding to full ownership or bare ownership, depending on the case, and the percentage of ownership. If you have different rights over the same property, the completion will be done by differentiating the percentage of ownership of each of them and recording the data corresponding to each one by clicking on "add property or right".

In addition, the description of the asset, its value and registration number must be completed in the case of vehicles, vessels or aircraft.

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.