2.7.1.3 Unions, federations and confederations of cooperatives

As a novelty for the 2019 financial year, this code is created that must be marked by the unions, federations and confederations of cooperatives that, in accordance with the provisions of article 79 of Law 27/1999, of July 16, on Cooperatives, are formed by cooperatives of any type and class that constitute companies, groups, consortia and unions among themselves, or with other natural or legal persons, public or private, formalizing agreements or agreements, for the best fulfillment of their corporate purpose and for the defense of their interests.

As established in article 36.b) of Law 20/1990, these types of entities will apply the special tax regime for partially exempt entities regulated in Chapter XIV of Title VII of the LIS .