News from the 2021 Corporate Campaign

In addition to the new regulations, with the aim of providing the Tax Agency with more information to improve both control and assistance to taxpayers in their obligation to self-assess the Corporate Tax, the following new features have been introduced in forms 200 and 220:

1. The detail table of the deduction for donations to non-profit entities is broken down with the aim of differentiating the information relating to the amount of said deduction on which the percentage of 35 or 40 percent is applied in the event that in the two immediately preceding tax periods donations with the right to deduction have been made in favor of the same entity for an amount equal to or greater, in each of them, than that of the previous tax period, from the information on donations to priority patronage activities which will apply the increased percentages of 40 and 45 percent, respectively. This new feature will assist taxpayers in calculating the limits applicable to this deduction in future years.

2. The boxes related to the regularization through complementary self-assessment are broken down in greater detail with the aim of making it easier for the taxpayer to correct errors made in previous self-assessments corresponding to the same tax period, in the event that they result in an amount to be paid higher than that of the previous self-assessment or an amount to be returned or offset lower than that previously self-assessed.