Skip to main content
Practical Handbook for Companies 2021

Eligible income

a) Cooperative outcomes

In the box [C1] the income which has the nature of cooperatives, and which are those set out in article 17 of Law 20/1990, shall be entered:

  • Those from the exercise of the co-operative activity carried out with the members themselves.

  • The regular membership fees are paid by the members.

  • The current subsidies.

  • Allocations to the financial year of the capital grants are made in accordance with the applicable accounting rules.

  • The interest and returns from the co-operative's participation, as a member or associate, in other co-operatives.

  • The financial income from ordinary cash management, which is necessary to carry out the cooperative's activities.

b) Extra-cooperative results

In the box [E1] you should enter income which has the character of extra-cooperative income, according to the provisions of article 21 of Law 20/1990:

  • Those from the exercise of the co-operative activity when it is carried out with non-members.

  • Those obtained from investments or financial holdings in non-cooperative companies.

  • Those obtained from economic activities or external sources for the specific purposes of the co-operative.

Extra-cooperative results shall include the results of the Credit Sections of the co-operatives, with the exception of those resulting from active transactions with members, those obtained through credit co-operatives and those from investments in public funds and securities issued by public companies, which shall therefore be considered co-operative results.

Finally, it should be noted that article 13.10 of Law 20/1990 establishes that one of the conditions for losing the status of fiscally protected cooperative, is that the volume of operations with non-member third parties exceeds 50 percent of the cooperative's total operations.


A first-tier wine cooperative buys grapes from another non-member cooperative:

  • Extra-cooperative results are derived from these operations, where appropriate.

  • If these operations exceed a volume of more than 50 per cent of the total, the status of fiscally protected cooperative will be lost.