Adjustments to the accounting result when considering group-related accounting requirements or qualifications

Article 62.1 a) of the LIS establishes that the taxable base of the tax group will be determined by adding, among other concepts, the individual taxable bases corresponding to each and every one of the entities comprising the tax group, taking into account the specialties contained in article 63 of this Law. However, the requirements or qualifications established both in the accounting regulations for the determination of the accounting result, as well as in this Law for the application of any type of adjustments to it, in the terms established in article 10.3 of the LIS, will refer to the tax group.

These are rules for homogenizing the tax base, taking into account the requirements or qualifications related to the tax group.

In application of the above, the reporting entity shall enter in boxes [01230] and [01231] "Corrections to the accounting result when considering the accounting requirements or qualifications referred to the tax group (art. 62.1 a) LIS) (ie, transactions with own shares at tax group level, hedges, etc.)" on page 12 of form 200, the amounts corresponding to the corrections to the accounting result that arise when taking into account the accounting requirements referred to the tax group.