4.2.76 Codes 00397 and 00398 regime of shipping entities based on tonnage (Chapter XVI, Title VII LIS)

These keys will be usable exclusively for entities that have taken advantage of the Regime of Shipping Entities Depending on Tonnage that is regulated in Chapter XVI of Title VII of the Corporate Tax Law.

These entities will calculate the part of the tax base that corresponds to the exploitation, ownership and, where appropriate, technical and crew management, of the vessels included in the regime, through the application of the rules contained in article 114 of the Law of the Tax. These rules involve, in summary, the application of a scale to the number of net registered tons of each of the vessels, which will replace the operating result of these vessels. Therefore, it will be necessary to adjust the result of the profit and loss account to eliminate the part derived from the activities covered by the special regime.

If the part of the result of the profit and loss account that is derived from the activities covered by the special regime is negative, its amount will be entered in the increases key [00398]. If, on the other hand, it is positive, it must be entered in the decreases key [00397].