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Practical Manual of Companies 2020.

Summary table of persons obliged to submit the form

Obliged to present form 232
Set of operations carried out in the tax period (regardless of the amount of operations per related entity)Obliged
If the set of operations of the same type and valuation method > 50% of the entity's turnover
Yes
≤ €100,000 in specific operations of the same type
No
> €100,000 in specific operations of the same type
Yes

Transactions carried out in the tax period with the same person or entity

Obliged
≤ €250,000 of operations per related entity (not specific operations)
No
> €250,000 of operations per related entity (not specific operations)
Yes

Specific operations:

  1. Operations with natural persons who pay taxes in an objective estimate that the participation individually or jointly with their family members is ≥ 25% of the capital or own funds

  2. Transfer of businesses, securities or shares in the equity of entities not admitted to trading or admitted to tax havens

  3. Transfer of real estate and operations on intangibles

Operations excluded from the obligation to present form 232:

  • Tax group (regardless of the volume of operations)

  • AIES , UTES (regardless of the volume of operations), except UTES or other similar forms of collaboration that benefit from the exemption of income obtained in the foreigner through EP (art. 22 LIS )

  • Operations carried out in the scope of public offers for sale or public offers to acquire securities (regardless of the volume of operations)