Tax system for cooperatives: Mandatory reserve fund

The development of the adjustment that cooperative societies must make in the box [00400] «Cooperatives: Mandatory reserve fund (Law 20/1990)» on page 13 of form 200, by reducing their tax base by the amount they allocate to the Mandatory Reserve Fund, in accordance with the provisions of article 16.5 of Law 20/1990, of December 19, on the Tax Regime for Cooperatives, can be found in Chapter 11 «Tax regime for cooperatives» of this Practical Manual.