Failure to complete the carry-over tables in form 200

The negative tax bases and deductions generated by entities prior to their inclusion in the tax consolidation regime will be applied within the group, that is, in the consolidated declaration, in accordance with the limits determined by the individual liquidation, but applying group criteria for the calculation of this and taking into account the eliminations and incorporations that correspond to the entity.

This change in criteria implies that the amounts to be applied in the liquidation, both in model 200 and in 220, relating to the compensation of negative tax bases, deductions, capitalization reserve, leveling reserve, limitation on the deductibility of financial expenses of article 16 of the LIS , provisions for impairment of credits and other assets of article 11.12 of the LIS, conversion of deferred tax assets into a payable credit against the Tax Authority and compensation of quotas, will be the same. For this reason, the possibility of completing the tables for carrying forward these items in form 200 is excluded, and they must be entered exclusively in form 220.

These entities will therefore be exempt from completing pages 15 to 20 ter, except for page 19, regarding the application of results, the detail of the corrections to the result of the profit and loss account and page 20 bis, in the section on the reversal of impairment losses on securities representing participation in the capital or equity of entities pending reversal.

In the case of cooperative groups, they should not complete the fee compensation detail table on page 22 of form 200.