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Form 200. Corporate Income Tax Declaration 2019

11.2.1.1 Computable income

Column: Cooperative results

In this field, the income that is of a cooperative nature will be recorded, and which are those stated in article 17 of the aforementioned "Law 20/1990":

  • Those coming from the exercise of cooperative activity carried out with the members themselves.

  • The periodic fees paid by the partners.

  • Current subsidies.

  • The allocations to the financial year of capital subsidies in the manner provided for in the applicable accounting standards.

  • The interests and returns from the participation of the cooperative, as a member or associate, in other cooperatives.

  • The financial income from the management of the ordinary treasury, necessary to carry out the cooperative activity. 

Column: Extra-cooperative results

In this field, those income that have the character of extra-cooperative income will be recorded, which are those listed by article 21 of the aforementioned "Law 20/1990":

  • Those coming from the exercise of cooperative activity when carried out with non-members.

  • Those obtained from investments or financial participations in companies of a non-cooperative nature.

  • Those obtained from economic activities or sources outside the specific purposes of the cooperative.

These will include those coming from the Credit Sections of the cooperatives, with the exception of those resulting from active operations carried out with members, those obtained through credit cooperatives and those coming from investments in public funds and securities. issued by public companies (the latter exceptions are considered cooperative results).

So that the status of a fiscally protected cooperative is not lost, the volume of operations with non-member third parties may not exceed 50 percent of the cooperative's total operations.