How the tax base is calculated

Taxable wealth tax is determined under direct estimate. The value of all the goods that make up the assets and debts are deducted adds. The first 700,000 euros are exempt from tax.

As a general rule does not count in this tribute to the value of the residence or the value of goods that are national treasures. Nor cultural assets.


Taxable prosperity levy is set below direct estimate. The worth of all of the products define this possessions in addition to debts are taken brings. The first seven hundred, 000 euros are exempt via levy.

Typically does not count on this honor to the value in the home as well as the worthiness involving products which are national most beloved destinations. Or ethnical possessions.
Source: http://finanzas-personales.practicopedia.lainformacion.com/impuestos/como-calcular-el-impuesto-sobre-el-patrimonio-14248

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