4.2.75 Code 00396 communal forests (Chapter XV, Title VII LIS)

This key will record, as a decrease to the result of the profit and loss account, the amount of the profits of the year that the communities that own communal forests apply to investments for the conservation, improvement, protection, access and services intended for the social use for which the forest is intended, as well as to the expenses of conservation and maintenance of the forest or to the financing of infrastructure works and public services of social interest, all in accordance with the provisions of article 112 of the Corporate Tax Law. The tax base may be negative as a result of this correction of the profit and loss account result.