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Form 200. Corporate Income Tax Declaration 2018

4.2.52 Keys 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

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

In key [02188] "Exemption on income obtained in the cases of article 21.3 LIS other than transfers of securities of non-resident entities" on page 13 of form 200, the amount of negative income obtained in the cases of article 21.3 of the LIS other than transfers of shares of resident entities that are not included in the tax base must be included.

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. Income obtained by Spanish and European economic interest groups and by temporary business associations, when at least one of their partners is a natural person.

  3. To income from foreign sources that the entity includes in 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.