Operations to increase capital or own funds by credit compensation

article 17.2 of the LIS establishes that operations to increase capital or own funds by offsetting credits will be valued for tax purposes by the amount of said increase from a commercial point of view, regardless of the accounting valuation.

For these purposes, article 17.5 of the LIS establishes that in this case, the transferring entity will integrate into its tax base the difference between the amount of the increase in capital or own funds, in the proportion that corresponds, and the tax value of the capitalized credit.

Filling in form 200

In application of article 17.5 of the LIS, the transferring entity must carry out in boxes [01818] and [01819] "Operations to increase capital or own funds by offsetting credits (art. 17.2 LIS)" , the corrections to the accounting result that arise from said integration.