4.3.3.13 Income that does not limit the compensation of tax bases. Code 01509 Income corresponding to the reversal of impairment

The sixteenth transitional provision of the LIS in section 8 establishes that the limitation on the compensation of negative tax bases established in article 26.1 of the LIS will not be applicable to the amount of the income corresponding to the reversal of losses due to impairment of securities representing participation in the capital or equity of entities generated in tax periods beginning prior to January 1, 2013, provided that the losses due to impairment deducted during the tax period in which the negative tax bases that are intended to be offset were generated would have represented at least 90 percent of the deductible expenses of said period. In the event that the entity had negative tax bases generated in several periods beginning before January 1, 2013, this requirement may be met by the aggregate calculation of all the deductible expenses of said tax periods.

Therefore, entities must enter in this key [01509] the amount corresponding to said income in the terms established in the previous section.

The amount entered in this key [01509] will be taken into account to determine the amount of key [00547] that will be affected by the application of the corresponding limitation established for the compensation of negative tax bases.