8.4.4.80 Deferral of deductions Chapter IV Title VI Law 43/1995, RDLeg. 4/2004 (DT 24ª.3 LIS) and LIS

Included here will be the deductions generated in previous tax periods that have taken advantage of the deferral established in article 39 of the LIS , and begin computing the deadline for their application in the 2018 tax period. .

According to the aforementioned article, the calculation of the deadlines for the application of deductions may be deferred until the first year in which, within the limitation period, positive results are produced, in the following cases: a) in newly created entities; b) in entities that recover losses from previous years through the effective contribution of new resources, without the application or capitalization of reserves being considered as such.

Furthermore, it must be taken into account that in the deductions that are computed as a consequence of the deferral in a tax period other than the one in which they were generated, both the limit or limits established by the regulations of the tax period in which they were generated, as well as that in effect in the tax period in which the deduction is applied.