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.
Example:
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.