1. Transfer of financial instruments made by virtue of a repurchase agreement with a bank, broker or securities dealer are not considered as a sale. The income obtained under this operation is considered as a financial interest.
  2. A short selling of shares traded on a stock exchange is not considered income if certain requirements are met.
  3. New regulation of tax treatment of labor incentive plans that grant stock options over shares of the employer or its parent company.

    In the event of employment contracts or collective agreements containing the benefit, both the granting and the exercise of the option do not constitute income. Taxation occurs only on the subsequent sale of the shares acquired.

    If the benefit is not agreed in the contract or agreement, the granting of the option does not constitute income either, but its exercise does.

  4. Residual rule on capital gains from non-regulated assets is incorporated, applying the rules on the sale of shares or rights.