Section IV: Deductible liabilities

I.-The debts, existing on 1st January of the tax year, contracted by one of the persons mentioned in 1° of article 965 and actually borne by it, relating to taxable assets and, where applicable, in proportion to the fraction of their taxable value : 1° Relating to expenditure on the acquisition of property or property rights; 2° Relating to repair and maintenance expenditure actually borne by the owner or borne…