Positive permanent adjustments
If the taxpayer has to correct the result of the Income Statement that entails a permanent correction positive to the accounting result, when completing the corresponding box on pages 12 and 13, it will be displayed simultaneously on the Companies WEB form on breakdown table "Details of corrections to profit or loss of the income statement (excluding correction for Corporation Tax)" on page 19 of form 200. This information, once completed, will be grouped in the detail table in pages 26 bis to 26 pieces of form 200.
In this case, only the box corresponding to " Increases in permanent corrections" in the section of the table on page 19 of form 200 dedicated to "Corrections in the financial year" will be enabled. The column that includes the outstanding balances at the beginning and at the end of the financial year cannot be completed, since this is an out-of-accounting adjustment, there is no outstanding balance as the adjustment cannot be reversed in subsequent financial years.
Example:
The company "A" whose tax period coincides with the calendar year, filed and entered form 202 corresponding to the first instalment payment of the Tax on Companies of 2021 outside the deadline (1 month later) without prior request from the Tax Administration, the amount deposited was 6,000 euros. On June 10, 2021, this entity received settlement of the surcharge for an extemporaneous declaration without a prior requirement regulated in article 27 of the LGT, for an amount of 300 euros (5%), although it paid on 13 July of 2021 the amount of 225 euros per application of the reduction of 25% contained in article 27,5 of the LGT, as indicated in the settlement of the surcharge, as it was entitled to it when the remaining amount of the surcharge was paid in the period established in article 62,2 LGT (until 20 July 2021) and have already paid the debt derived from the self-assessment at the time of its presentation.
In this example, the entity "A" has a non-deductible expense of 225 euros for the reason of article 15 C) of the LIS , which establishes that criminal and administrative fines and sanctions, surcharges for the executive period and the surcharge for temporary declaration without prior notice will not be tax deductible. This is a permanent correction because this expense may never be deductible at any time.
This entity must make a positive adjustment to the accounting result in box [200] in form 2021 of the 01815 period "Multitas, Penalties and Others (article 15 (c) of the Spanish Corporation Tax Act)" on page 12 of Form 200 for an amount of 225 euros.
| Financial year | Accounting | Tax | Tax correction | Form 200 |
|---|---|---|---|---|
| 2021 | - 225 | 0 | + 225 | Box [01815] |
In the Companies WEB form, when you are going to fill in the box [01815] on page 12 of form 200, the table on page 19 of form 200 will be displayed. In this table, only the box corresponding to "Increases in permanent corrections" in the section of the table dedicated to "Corrections in the financial year" will be enabled. The form will place the completed information in the table on page 19 in box [02771] on page 26 ter of form 200.
Details of the corrections to profit or loss of the income statement (excluding the correction for IS) (page 19 of form 200)
| Total | --- | --- | 225 | --- | --- | --- |
| Fiscal year 2021 tax corrections | Balance pending at the start of the financial year ##44441## ##44441## | Corrections for the financial year | Balance pending end of financial year ##44441## ##44441## | |||
|---|---|---|---|---|---|---|
| Future increases | Future decreases | Increases | Decreases | Future increases | Future decreases | |
| Permanent corrections | --- | --- | 225 | --- | --- | --- |
| Temporary corrections resulting from the financial year ##44441## ##44441## | --- | --- | --- | --- | --- | --- |
| Temporary corrections originating in previous years ##44441## ##44441## | --- | --- | ||||
Table of Details of corrections to profit or loss of profit or loss (excluding the correction for the Corporation Tax Act) (page to 26 years of form 26) 200
| Details of adjustments | Type | Outstanding balance at the start of the financial year ##44441## ##44441## | Corrections for the financial year | Outstanding balance at the end of the financial year ##44441## ##44441## | |||||
|---|---|---|---|---|---|---|---|---|---|
| Permanent | Temporary (origin in the financial year) | Temporary (origin in previous years) | |||||||
| Fines, sanctions and others (art. 15 c) LIS) | Increase | --- | [02771] 225 | --- | --- | --- | |||