Income from the transfer of fixed assets obtained by Port Authorities

The Sixty-eighth Additional Provision of Law 6/2018 , of July 3, on the General State Budget for the year 2018, establishes that with effect for tax periods beginning on or after January 1, 2017, and with indefinite validity, the income obtained by Port Authorities as a result of the transfer of their fixed assets will be exempt from Corporation Tax, provided that the total amount of the transfer is used for the amortization of loans granted by Puertos del Estado or by official credit entities to finance investments in fixed assets related to their specific object or purpose.

Filling in form 200

In application of the Sixty-eighth Additional Provision of Law 6/2018, the Port Authorities must include in box [01824] "Income from the transfer of fixed assets obtained by the Port Authorities ( DA 68 Law 6/2018)" on page 13 of form 200, the amount of income they obtain as a result of the transfer of elements of their fixed assets, and which are exempt because they comply with the purpose required in said Additional Provision.