Factors considered for monetary correction

These factors are considered for monetary correction of goods acquired at a national level:

• If the goods are acquired in the second semester of a current year and belong to the same gender, quality or characteristics, the monetary correction is the highest agreed price during the year.
• If the goods are acquired in the first semester of a current year and belong to the same gender, quality or characteristics, the monetary correction is the highest price agreed in the semester and is adjusted by the semi-annual CPI (Consumer Price Index).
• If no goods are acquired in the current year, the monetary correction is the book value at the end of the previous year and is re-adjusted according to the annual CPI (Consumer Price Index).

These factors are considered for monetary correction for goods acquired at a foreign level:

• The monetary correction of taxes on the goods acquired from outside the country (especially the goods maintained in the inventory and categorized as the same kind, quality and characteristics during the second half of the current year) is equivalent to the value of the last import.
• The monetary correction of taxes on the goods acquired from the outside the country, especially the goods maintained in the inventory and categorized as the same kind, quality and characteristics during the first half of the current year, are equivalent to the value of the last import, adjusted in the semi-annual percentage variation of the foreign currency in question.
• The monetary correction of taxes on the goods acquired abroad (wherein there is no import of items of the same gender, quality or characteristics) during the current year, is equivalent to the book value at the end of the previous year, and is readjusted according to exchange rate of the foreign currency.