Filling in form 200

In accordance with the provisions of articles 31 and 32 of the LIS , in box [00573] "Deduction for international double taxation generated and applied in the fiscal year (arts. 31 and 32 LIS) » , the amount of these deductions will be recorded to avoid international double taxation that the taxpayer has generated and applied in the period subject to declaration. The amount entered in this box will be the result of completing the breakdown table on page 16 of form 200 explained below.

Completing the table “International double taxation deductions LIS” (page 16 of form 200)

Taxpayers who apply the deductions for international double taxation regulated in articles 31 and 32 of the LIS must complete block « DI International 2021» in this table, in which they must record the amounts of the deductions to avoid international double taxation referred to in articles 31 and 32 of the LIS generated in the tax declaration period, as detailed below:

In column "Deduction generated" the amount of deductions for international legal and economic double taxation (articles 31 and 32 of the LIS) generated in 2021 will be recorded.
In column "Applied in this settlement" the part (or the totality, if applicable) of the amounts recorded in the previous column " Deduction generated" relating to the deductions for international legal and economic double taxation, which are applied in the settlement corresponding to the period subject to settlement, will be recorded.
Keep in mind:
- For tax periods beginning on or after 1 January 2016, section of the Fifteenth Additional Provision of the LIS establishes that taxpayers whose net turnover is at least 20 million euros during the 12 months prior to the date on which the tax period begins, must take into account that the amount of the deductions to avoid international double taxation provided for in articles 31, and section 11 of article 100 of the LIS, as well as the amount of those deductions to avoid double taxation referred to in the twenty-third transitional provision of this Law, may not jointly exceed 50 percent of the taxpayer's total amount.
- For tax periods starting on or after January 1, 2019 , information on the net amount of turnover for the twelve months prior to the start date of the tax period must be included on page 21 of Form 200, in order to determine the application of the limit established in DA 15 of the LIS.
  
  For these purposes, prior to completing this table "International double taxation deductions LIS" (except in cases where the table on page 21 of form 200 has already been completed), a breakdown window will open in which the taxpayer must indicate whether the net amount of turnover during the months prior to the start date of the tax period has been less than million, at least 20 million euros but less than 60 million or at least 60 million euros. The option marked by the taxpayer will be transferred to the box "Net turnover for the twelve months prior to the start date of the tax period" on page 21 of form 200.
  
  The option selected by the taxpayer will also be taken into account to determine the limits in the calculation of accounting corrections arising from the application of article 11.12 of the LIS, the compensation of negative tax bases and the compensation of quotas for losses of cooperatives, so once the table on page 21 of form 200 has been completed, it will not be displayed again on other screens.
- In box [00573] the total amounts entered in the column "Applied in this settlement" will be recorded, which must be transferred to box [00573] on page 14 of form 200 regarding the settlement of the Tax.
In column "Pending application in future periods" the part of the deductions in column "Deduction generated" that were not included in the boxes corresponding to column "Applied in this settlement" will be collected. That is, it refers to the part of the deductions that, because they have not been applied in the settlement of the tax period subject to declaration, remain pending application in future tax periods.