Operations to increase capital or own funds by credit compensation
Article 17,2 of the Spanish Corporation Tax Act establishes that transactions involving capital increases or own funds for credit clearing will be valued at taxes for the amount of this increase from a commercial point of view, regardless of the accounting valuation.
For these purposes, article 17,5 of the Spanish Corporation Tax Act establishes that in this case, the transferring entity will integrate into its taxable base the difference between the amount of the capital increase or equity, in the proportion that corresponds to it, and the fiscal value of the capitalised credit.
Filling in form 200
In application of article 17,5 of the Spanish Corporation Tax Act, the transferring entity must carry out in the boxes  and  " capital increase transactions or own funds for credit compensation (article 17,2 of the Spanish Corporation Tax Act), "corrections to the accounting result derived from this integration.