Skip to main content
Form 200. Corporate Income Tax Declaration 2018

10.2.8 Credit for conversion of deferred tax assets into credit payable to the Tax Administration

Deferred tax assets corresponding to provisions for impairment of credits or other assets derived from possible insolvencies of debtors not linked to the taxpayer, not owed to public law entities and whose deductibility does not occur by application of the provisions of the article 13.1.a) of this Law, as well as those derived from the application of sections 1 and 2 of article 14 of this Law, corresponding to endowments or contributions to social security systems and, where appropriate, pre-retirement, may become a claim payable to the Tax Administration in the terms established in sections 1 and 2 of article 130 of the LIS .

According to the provisions of article 130.4 of the LIS, entities that convert the deferred tax assets referred to in the previous paragraph into a claim payable to the Tax Administration may choose to request payment from the Tax Administration or to offset said credits with other debts of a state tax nature that the taxpayer himself generates from the moment of conversion, following the procedure established in article 69 of RIS .

For these purposes, if the entity chooses to request payment of the credit payable before the Tax Administration, it must enter said amount in the code [00150] "Credit for conversion of deferred tax assets into credit payable before the Tax Administration (art. . 130 LIS)» on page 14bis of model 200:

  • In the event that the entity pays taxes exclusively to the State Administration, it must enter the amount in the key [01020] "Credit for conversion of deferred tax assets into credit payable to the Tax Administration (art. 130 LIS) (State )». In this case, the amount of key [01020] will match that of key [00150].

  • In the event that the entity is taxed before one or several Provincial Councils of the Autonomous Community of the Basque Country and/or Navarra Foral Community, it must enter the amount in the key [01043] «Credit for conversion of deferred tax assets into payable credit against the Tax Administration (art. 130 LIS) (D. Forales/Navarra). The completion of this key will be done on page 26 of form 200 (which will be accessed directly by pressing the completion button).