Property Guide

AUTHOR: Mauro Esquivel

For the purchase and sale of properties, we want to leave you a guide in case you need to present your declaration or simply as information for your knowledge.

How to complete the statement of Capital Gains and Losses (form D-162)?

Assets registered in the National Registry and other entities.

In this section of the form, the option “Yes” or “No” must be indicated according to the information to be declared. If the option is “Yes”, you must record the data corresponding to the registered property that is being declared.

You must enter the following data for the property:

Applicable rate (15% or 2.25%)

acquisition date

Type of asset

Farm number

Acquisition value

Transfer value (sale)

Gain or loss obtained

Likewise, you must enter the following data of the person or company to which the good was sold:

ID Type

ID number

Name or Social reason

Acquiring country

Assets not registered in the National Registry and other entities

In this section of the form, the option “Yes” or “No” must be indicated according to the information to be declared. If the option is “Yes”, you must record the data corresponding to the unregistered asset that is being declared.

You must enter the following data for the property:

Applicable rate (15% or 2.25%)

acquisition date

Description

Acquisition value

Transfer value (sale)

Gain or loss obtained

Likewise, you must enter the following data of the person or company to which the good was sold:

ID Type

ID number

Name or Social reason

Acquiring country

Determination of the tax base

Determination and settlement of tax debt

It automatically shows the debt to be paid, or the total considering:

The amount of interest

Request for compensation corresponding to the amount of balances in favor of other taxes from previous periods.