8.2.1 Breakdown of deduction for reinvestment of extraordinary profits (transitional provision 24ª.7 LIS, art. 42 RDL 4/2004 and art. 36 ter Law 43/95)

Section structure

Column "year limit" indicates the last year in which the deduction may be applied, which will be the first of those indicated when the fiscal year coincides with the calendar year, provided that the fiscal year has a duration of twelve months.

The first of the columns that the declarant must complete "pending/generated deduction" aims to collect information regarding the different types of deduction:

1. If it is a deduction generated in a tax period prior to the current one, the corresponding balance of the deduction that was pending application at the beginning of the tax period that is the subject of the declaration will be recorded in each field of the first column.

2. If it is a deduction generated in the current period, the amount of the deduction for this concept generated in the current period will be recorded in each field of the first column.

The purpose of column "applied in this settlement" is to record the amount of the deduction for this concept that, where applicable, is applied in the settlement of the tax period subject to declaration.

The purpose of column "pending application in future periods" is to record the balance of the deduction for this concept generated in the tax period itself which, as it has not been applied in the settlement of the tax period being declared, remains pending application in future periods (unless the current tax period was the last in which it could be applied, in which case the balance pending deduction is lost). The application of outstanding balances must be carried out in the liquidations of the tax periods that conclude in the next ten years.

Filling in the keys

In key [00835] the amount of the deduction generated in fiscal year 2002 will be recorded, by application of the provisions of section 5 of the third transitional provision of the Corporate Tax Law and which could not be included in the liquidation relating to the fiscal years beginning in 2002, remaining pending for future fiscal years. Key [00836] will record the portion of said amount that is applied in the settlement of the tax period subject to declaration.

In key [00838] the amount of the deduction generated in fiscal year 2003 will be recorded. Key [00839] will record the portion of said amount that is applied in the settlement of the tax period subject to declaration.

In key [00932] the amount of the deduction generated in fiscal year 2004 will be recorded. In key [00933] the part of said amount that is applied in the declaration of the tax period subject to declaration will be recorded.

The amount of the deduction generated in fiscal year 2005 will be recorded in key (00297). The key (00298) will contain the portion of said amount that is applied in the tax period subject to declaration.

The amount of the deduction generated in fiscal year 2006 will be recorded in key (00090). The key (00091) will record the portion of said amount that is applied in the tax period subject to declaration.

The amount of the deduction generated in fiscal year 2007 will be recorded in key (00004). The key (00005) will record the portion of said amount that is applied in the tax period subject to declaration.

In key [00031] the amount of the deduction generated in fiscal year 2008 will be recorded. In key [00032] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00022] the amount of the deduction generated in fiscal year 2009 will be recorded. In key [00023] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00040] the amount of the deduction generated in fiscal year 2010 will be recorded. In key [00041] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00138] the amount of the deduction generated in fiscal year 2011 will be recorded. In key [00139] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00141] the amount of the deduction generated in fiscal year 2012 will be recorded. In key [00142] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00188] the amount of the deduction generated in fiscal year 2013 will be recorded. In key [00189] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [00803] the amount of the deduction generated in fiscal year 2014 will be recorded. In key [00804] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

In key [01055] the amount of the deduction generated in fiscal year 2015 will be recorded. In key [01056] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

The keys [00700] will record the amount of the deduction that has been generated in the 2016 fiscal year. In key [01056] the portion of said amount that is applied in the tax period subject to declaration will be recorded.

Keys [01353], [01354] and [01355] will only be completed when the company has two tax periods in the 2017 fiscal year and has deductions pending application corresponding to a tax period that began in 2017.

In key [01775] the total amount of the deduction that is potentially applicable in the settlement of the tax period being declared will be recorded. The amount that is actually applied will be recorded in key [01776]. The application of the corresponding outstanding balances must be carried out in the liquidations of the tax periods that conclude in the immediate and successive fifteen years, counted from the end of the tax period in which they were generated.

In boxes [00841], [00585] and [00843], the total amount “Pending/generated deduction”, “Applied in this settlement” and “Pending application in future periods” should appear, respectively.