4.2.83 Codes 00510 and 00512 installment transactions (DT 1ª LIS)
The first transitional provision of the LIS establishes a transitional regime for installment transactions, according to which in the case of installment or deferred price transactions carried out in tax periods beginning before 1 January 2015, income pending integration in tax periods beginning on or after that date will be integrated into the tax base in accordance with the tax regime that was applicable at the time the transactions were carried out, even when the integration is carried out in tax periods beginning after 1 January 2015.
The differences, positive (key [00510]) or negative (key [00512]) between the profits recorded in the profit and loss account for the year being declared and the amounts that are tax-accountable for such concepts, relating to installment transactions or deferred price transactions, for which the taxpayer has opted for a temporary imputation criterion for tax purposes different from that applicable under accounting rules, shall be recorded in these codes, completing, where applicable, their corresponding breakdown boxes.