Calculation of the total tax liability (page 14 of form 200)
Regulation: Article 23 LIS
The total rate of cooperative societies is the algebraic sum of the amounts resulting from applying the corresponding tax rates to the taxable base (positive or negative), broken down into cooperative and non-cooperative results, when said sum is positive.
The amount of the full fee will be entered in box [00562] "Full fee" on page 14 of form 200, and will be the result of the following operation:
[00562] = [00560] + [00210] - [00480] + [00408] - [01037]- [00561]
The amount in box [00562] cannot be negative under any circumstances.
If box [00562] is equal to zero, "zero" will also be entered in boxes [00582] "Positive adjusted gross quota" and [00592] "Positive net quota" on page 14 of form 200, going directly to fill in, where applicable, the boxes corresponding to the withholdings for the year ( boxes [01785] to [01799]) until determining the amount resulting from the settlement ( boxes [00621] and , where applicable [00622] relating to "Liquid to be paid or returned" on page 14 bis of form 200).
The following sections detail cooperative societies should calculate the full quota box [00562]):
- Total tax liability
- Impairment losses of article 13.1 of the LIS and provisions and expenditure (articles 14.1 and 14.2 of the LIS) referred to in article 11.12 of the LIS (converted to tax payable)
- Application of the limit of article 11.12 of the LIS to the impairment losses of article 13.1 LIS and provisions and expenditure of articles 14.1 and 14.2 of the LIS
- Income corresponding to reductions due to agreement with unrelated creditors of cooperatives (at amount level) (eighth additional provision of Law 20/1990).
- Cooperative income corresponding to reversal of impairment (at tax payable level) (Transitional provision 16.8 of the LIS)
- Compensation of dues for cooperative losses
- Levelling reserve converted into tax payable
- Full amount due after the levelling reserve