Specialties in calculating the tax base

With effect for tax periods beginning on or after January 1, 2021, that did not end on July 11, 2021, Law 11/2021, establishes in article 76.4 of Law 19/1994, of July 6, modifying the Economic and Fiscal Regime of the Canary Islands, that the negative tax bases derived from the activities that generate the right to apply the special regime for ships and shipping companies in the Canary Islands, may not be offset with positive tax bases derived from the rest of the entity's activities, neither in the current nor in subsequent years.

For these purposes, in order to calculate the tax base, taxpayers must differentiate in boxes [01576] “Part of the tax base that comes from the performance of activities to which the special regime applies” and [01577] “Part of the tax base that comes from the performance of the rest of the activities” on page 14 of form 200, the amount of the tax base derived from the activities that give the right to apply the special regime for ships and shipping companies in the Canary Islands, from the amount of the tax base that comes from the performance of the rest of the activities, taking into account that the negative bases declared in box [01576] cannot be offset against the positive tax bases of the rest of the activities. Therefore:

• If box [01576] is positive or equal to 0 :

  [01330] = [01576] + [01577]

• If box [01576] is negative :

  [01330] = [01577]