4.2.73 Codes 00385 and 00386 tax regime entities holding foreign securities (Chapter XIII, Title VII LIS)

In the keys [00385] for increases and [00386] for decreases, the positive and negative adjustments to the result of the profit and loss account that arise from the application of the special tax regime for entities holding foreign securities regulated in the chapter XIII of title VII of the LIS .

In relation to the application of this special tax regime, the thirty-first transitional provision of the LIS establishes a transitional regime, according to which, the shares acquired by entities covered by the special tax regime for entities holding foreign securities provided for in Chapter XIV of Title VII of RDLeg . 4/2004, according to current wording in tax periods that began prior to January 1, 2015, that had an acquisition value greater than 6 million euros without meeting the minimum participation requirement established in letter a) of section 1 of article 21 of the aforementioned RDLeg. 4/2004, may apply the tax regime established in said article and in Chapter XIII of Title VII of the LIS, in the tax periods that begin on or after January 1, 2015.

Completing this key will be the exclusive responsibility of taxpayers who have taken advantage of this special tax regime (see content of key [00011]).