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Form 200. Corporate Income Tax Declaration 2019

4.2.36 Codes 01807 and 01811 losses due to impairment of securities representing shares in the capital or own funds (Article 15 k) LIS)

In relation to the non-deductibility of losses due to impairment of securities representing participations in the capital or own funds of entities, for tax periods beginning on or after January 1, 2017, the RDL 3/2016, of December 2, which adopts measures in the tax field aimed at the consolidation of public finances and other urgent measures in social matters, has added article 15 k) of the LIS .

For these purposes, said article 15 k) of the LIS establishes that losses due to impairment of securities representing participation in the capital or equity of entities will not be deductible when, in the tax period in which the impairment is recorded, with respect to which any of the following circumstances occur:

  • The requirements established in article 21 of the LIS are met, or

  • That in the case of participation in the capital or equity of entities not resident in Spanish territory, in said tax period the requirement established in article 21.1 b) of the LIS is not met.

The taxpayer must include in the increase key [01807], completing, where applicable, the corresponding breakdown boxes, the amount of losses due to impairment of the values representing the participation in the capital or in the own funds of entities accounted for. in the tax period subject to declaration, which are not deductible by application of article 15 k) of the LIS.