Freedom to depreciate research and development costs

In article 12.3.c) of the LIS the freedom of amortization is established for research and development expenses activated as intangible fixed assets , excluding the amortization of elements that enjoy freedom of amortization.

Filling in form 200

According to the provisions of this provision, the following adjustments must be made in boxes [ ] and [00308] "Freedom of amortization of research and development expenses (art. 12.3.c) LIS)" on page 12 of form 200:

• In box [00308] decreases, the excess amortization over the accounting amortization that is deductible will be recorded for the expenses referred to in letter c) of article 12.3 of the LIS in the tax period subject to declaration.

• In box [00307] of increases, the amount of the amortization of the referred expenses recorded in the tax period subject to declaration deducted in previous tax periods will be recorded through the corresponding decrease in the accounting result. Likewise, in the case of transfer of the element that has benefited from the freedom of amortization , in the tax period in which it is transferred, the amount of the negative adjustments made previously and that have not yet been integrated must be included in box [00307] with a positive sign in the tax base.