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Subject to certain exemptions, the following types of asset, in the
ownership
Right of ownership may be divided into two separate rights:Bare ownership, which is the right to dispose of your property as you please, or to modify or destroy it,And usufruct which is the right to use the property or to receive any resulting incomeRead more of the tax household, are subject to the solidarity wealth tax:
- buildings (houses, apartments, etc.), and land (plots of land, agricultural land, etc.), even if they have been sold during the year. Only the situation on 1 January is taken into account;
- liquid assets: cash, current accounts, sums held on
deposit
A sum which, according to law, the notaire must request before any instruments are signed. The sums must be sufficient to cover any costs, dues, disbursements and basic fees as they become due for payment, shareholders' credit accounts, savings passbooks, etc.;
- non-exempt professional assets;
- assets held under a
usufruct
Right of use and right to collect the benefits from the property on which said right is built. The usufructuary may not dispose the property (sell or give).;
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movables
Property that may be moved, including immaterial rights such as shares or stakes. (movables in the residential property and similar items);
- financial investments, life-insurance policies, receivables, Treasury bonds, etc.;
- motor vehicles, pleasure boats, private planes;
- racehorses;
- jewellery, gold and precious metals;
Obviously this list is not exhaustive.