IT – Currency
devaluation ratios
Article 47th of the
Corporate Tax Code (CIRC) and
article 50th
of the
Individual Income Tax Code (CIRS), foresee an update of the currency devaluation ratios meant to
monetary adjustments of the purchase value of some
property and rights, when selling fixed assets.
The
coefficients to be used, on each year, are the published
on the following Orders:
Calculation of IMT and Capital
Gains Tax - Updated to 2009
This note is
only for information and does not hold its divulgers
responsible. For thorough information you must consult
the Law.
