BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND ... - BBVA

20.2. OTHER INTANGIBLE ASSETS
The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as
follows:
Millions of Euros
Other Intangible Assets. Breakdown by type of Assets
June December
2010 2009
Computer software acquisition expenses 634 464
Other deferred charges 34 29
Other intangible assets 361 360
Impairment (1) (1)
Total 1,028 852
21. TAX ASSETS AND LIABILITIES
21.1 CONSOLIDATED TAX GROUP
Pursuant to current legislation, the Consolidated Tax Group includes BBVA as the Parent company, and, as
subsidiaries, the Spanish subsidiaries that meet the requirements provided for under Spanish legislation
regulating the taxation regime for the consolidated net income of corporate groups.
The Group’s other banks and subsidiaries file individual tax returns in accordance with the tax legislation in
force in each country.
21.2 YEARS OPEN FOR REVIEW BY THE TAX AUTHORITIES
The years open to review in the Consolidated Tax Group as of December 30, 2010 are 2004 and following
for the main taxes applicable.
The rest of the Spanish consolidated entities in general have the last four years open for inspection by the
tax authorities for the main taxes applicable, except for those in which there has been an interruption of the
limitation period due to the start of an inspection.
In 2009, as a result of action by the tax authorities, tax inspections proceedings were instituted for the years
since (and including) 2003, some of which were contested. After considering the temporary nature of certain
of the items assessed, provisions were set aside for the amounts, if any, that might arise from these
assessments.
Over the year ended December 31, 2009, notice was also given of the start of inspections for the years 2004
to 2006 for the main taxes to which the tax group is subject. These inspections had not been completed as of
June 30, 2010.
In view of the varying interpretations that can be made of the applicable tax legislation, the outcome of the
tax inspections of the open years that could be conducted by the tax authorities in the future could give rise
to contingent tax liabilities which cannot be objectively quantified at the present time. However, the Banks’
Board of Directors and its tax advisers consider that the possibility of these contingent liabilities becoming
actual liabilities is remote and, in any case, the tax charge which might arise therefore would not materially
affect the Group’s accompanying consolidated interim financial statements.
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