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Form 200. Corporate Income Tax Declaration 2018

4.2.52 Codes 02188 and 02189 exemption on income obtained in the cases of Art. 21.3 LIS other than transfers of securities of entities, non-resident entities

Regarding the income obtained in the transfer of shares of non-resident entities, it must be included in the key [02189] «Exemption on the income obtained in the cases of art. 21.3 LIS other than transfers of securities from non-resident entities" on page 13 of model 200, the amount of positive income obtained in these cases that are exempt for complying with the requirements of the article 21.3 of the LIS.

In the code [02188] «Exemption on income obtained in the cases of art. 21.3 LIS other than transfers of securities of non-resident entities" on page 13 of model 200, the amount of negative income obtained in the cases of article 21.3 of the LIS other than the transfers of shares of resident entities that are not integrate into the tax base.

Common note to the exemptions of article 21.3 of the LIS.

The exemption provided for in article 21.3 of the LIS will not apply:

  1. To the income distributed by the public regulation fund of the mortgage market.

  2. To income obtained by Spanish and European economic interest groups, and by temporary joint ventures of companies, when at least one of their partners has the status of a natural person.

  3. To income from a foreign source that the entity integrates into its tax base and in relation to which it chooses to apply, if applicable, the deduction established in articles 31 or 32 of this Law.