ARTICLE 34: CONSIDERATION PAYMENTS IN KIND

When the consideration paid by the taxpayer for the transfer of goods, the provision of services or the granting of the temporary use or enjoyment of goods, is not in cash or checks, but totally or specifically in other goods or services, the value shall be considered as market value or, alternatively, the appraisal value. The same values will be taken into account in the case of activities in which the tax established in this law must be paid, when there is no consideration.

In swaps and payments in kind, the value-added tax must be paid for each good whose property is transmitted, or whose temporary use or enjoyment is provided, or for each service provided.