4.3.3.13 Income that does not limit the offsetting of taxable bases. Key 01509 Income corresponding to the reversal of impairment

The sixteenth transitional provision of the LIS in its section 8 establishes that the limitation on the offsetting of negative tax bases established in article 26.1 of the LIS will not apply to the amount of 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 before January 1, 2013, provided that the impairment losses deducted during the tax period in which the negative tax bases to be offset were generated represented at least 90 percent of the deductible expenses of said period. If the entity has negative tax bases generated in several periods beginning before January 1, 2013, this requirement may be met by the aggregate calculation of all deductible expenses for said tax periods.

Therefore, entities must record in this code [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.