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| titulo | ARTICLE 16 A: WHAT IS MEANT BY DERIVATIVE FINANCIAL OPERATIONS |
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| contenido | ARTICLE 16 A: WHAT IS MEANT BY DERIVATIVE FINANCIAL OPERATIONS
For the purposes of tax provisions, derivative financial operations are understood as the following:
Financial operations derived from debt are those that refer to interest rates, debt securities or the National Consumer Price Index (Índice Nacional de Precios al Consumidor); Likewise, financial operations derived from capital are understood as those that refer to other securities, merchandise, currencies or baskets or stock indexes. Derivative financial operations that do not fit within the assumptions referred to in this paragraph, will be considered capital or debt based on the nature of the underlying. |
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