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Practical Handbook for Companies 2021

Intercompany internal double taxation deduction

According to the provisions of Article 32 of Law 20/1990 of 19 December 1990 on the Tax Regime of Cooperatives, members of protected cooperatives are entitled to a deduction from their membership fees of 10 per 100 of those received in relation to the cooperative returns .

In the event that the returns come from a specially protected cooperative and which, therefore, would have benefited from the rebate provided for in Article 34 of Law 20/1990, this deduction will be 5 per 100 of said returns.

Filling in form 200

In the box [00577] "Deduction for internal intercompany double taxation at 5/10% (cooperatives)" on page 14 of form 200, enter the deduction resulting from applying the percentage of 10% (5% in the case of specially protected cooperative societies) to the amount of the returns computed by the taxpayer in the financial year, provided that these returns come from cooperative societies that have in turn been taxed without any rebate or reduction for Corporation Tax.

A tener en cuenta:

The deduction will be determined for each group homogeneous titles, in the following way:

  • Intercompany double taxation deduction at 5 percent = A x 0.05
  • Intercompany double taxation deduction at 10 percent = A x 0.10

A" being the full amount of the returns eligible for deduction