Skip to main content
Practical Handbook for Companies 2021

Expenditure eligible for deduction for investments made by port authorities

With effect for the tax periods beginning on or after 1 January 2020 that have not ended on 9 July 2020, in relation to the new deduction for investments made by the port authorities regulated in article 38 bis of the LIS, establishes in article 15 n) of the LIS that those expenses that are subject to the deduction for investments made by the port authorities regulated in said article 38 bis of the LIS, including those corresponding to the depreciation of the assets whose investment has generated the right to the aforementioned deduction, will not be deductible.

Filling in form 200

In application of the provisions of article 15 n) of the LIS, the taxpayer in the tax period in which the aforementioned non-deductible expenses are accounted for, must make a positive adjustment in the box [02311] "Expenses that are subject to the deduction for investments made by the port authorities (art. 15 n) LIS)" on page 12 of form 200.