4.3.3.12 Income that does not limit the offsetting of taxable bases. Key 00545 Income corresponding to reductions by agreement with unrelated creditors

Debt reductions by agreement with unrelated creditors

Article 26.1 establishes in its third paragraph that the limitation on the compensation of negative tax bases established in said provision will not be applicable to the amount of income corresponding to reductions or deferrals resulting from an agreement with the taxpayer's creditors. Negative tax bases that are subject to offset against such income shall not be taken into consideration with respect to the amount of 1 million euros referred to in the second paragraph of said article.

Therefore, entities must record in this key [00545] the amount corresponding to the income referred to in the previous section.

The amount entered in this key [00545] will be taken into account to determine the amount of key [00547] that will be affected by the application of the corresponding limitation established for the compensation of negative tax bases.