11.4.1.6 Deductions from the full quota
Taxpayers to whom the international tax transparency regime applies may deduct from the total amount:
-
Taxes or levies of an identical or analogous nature to Corporate Tax, actually paid, to the extent that they correspond to the positive income included in the taxable base.
The taxes actually paid include those paid by the non-resident entity and by its companies in which at least 5% of the tax is held.
-
The tax or levy actually paid abroad due to the distribution of dividends or profit shares, in the part that corresponds to the positive income previously included in the tax base.
When the participation in the non-resident entity is indirect through another or other non-resident entities, they will deduct the tax or levy of an identical or analogous nature to the Corporate Tax actually paid by the former or latter in the part that corresponds to the positive income previously included in the tax base.
These deductions will be applied even when the taxes correspond to tax periods other than the one in which the imputation was made.
In no case will taxes or levies paid in territories or countries classified by regulation as tax havens be deductible.
The sum of the deductions contemplated in this section may not exceed the total amount that would have to be paid in Spain for the positive income included in the tax base.
The amount of these deductions must be entered in code [00575] on page 14 of form 200.