Income obtained from the transfer of own capital to third parties

Examples include, among others, the following:

• Interest on accounts in all types of financial institutions, including those based on operations on financial assets.
• Interest, coupons and other periodic returns derived from fixed income securities.
• Interest on financial assets with effective withholding of 1.2% due to the application of the bonus provided for in the sixth transitional provision of Law 27/2014, of November 27, on Corporate Tax ( BOE of 28).

  The particularities of the deductible withholdings corresponding to said income are discussed in Chapter 18

• Interest derived from loans granted to third parties.
• Income derived from temporary transfer operations of financial assets with a repurchase agreement (REPOS). This is the name given to sales operations that include a repurchase commitment, optional or non-optional, that is carried out at an intermediate time between the sale date and the amortization date. The most common "REPOS" are made on State Obligations and Bonds.

  Note: See article 8 of Royal Decree 505/1987, of April 3, which provides for the creation of a system of book entries for the State Debt. Section 2 of said article has been repealed by Article 42 of Royal Decree 827/2017, of September 1, with effect from September 18, 2017.

• Income paid by a financial institution as a consequence of the transfer, assignment or transfer, total or partial, of a credit owned by it. The income obtained by the transferee or acquirer is classified in any case as income from movable capital.