4.2.61 Keys 01022 and 01023 temporary joint venture, adjustments for participating abroad in collaboration formulas similar to UTEs (Art. 45.2 LIS)

Both the transitional regime established in section 6 of the sixteenth transitional provision of the LIS , and the provisions of article 45.2 of this Law, are equally applicable in the terms established in the previous section, to entities that participate in works, services or supplies that they carry out or provide abroad through collaboration formulas similar to temporary unions, for which reason their partners or member companies must make the following adjustments:

• In application of the transitional regime contained in section 6 of the sixteenth transitional provision of the LIS, a positive adjustment must be made in key [00184] of increases, for the amount of the previously imputed negative income, with the limit of the amount of said positive income.

• According to the provisions of article 45.2 of the LIS, the adjustments that arise from obtaining income obtained abroad that are eligible for the exemption of article 22 of the LIS or the deduction for double taxation provided for in article 31 of this Law must be made to these keys.