Skip to main content
Practical Manual of Companies 2022.

Box 00079 ZEC entity in tax consolidation

This box must be checked by the branches of the Canarian Special Zone (ZEC) of entities with tax residence in Spain that apply the special tax rate of 4 percent provided for this Zone, and which, with effect for tax periods beginning on or after January 1, 2018, may be part of a tax group that applies the special fiscal consolidation regime provided for in Chapter VI of Title VII of the LIS .

This box allows to identify entities that present two 200 forms, one in which they will mark this box and declare the part of the tax base to which The ZEC tax rate will be applied, and another model 200, for the part of the tax base that is not taxed at the special tax rate and that will apply the special tax consolidation regime (in this model you should not mark the box [00079], but boxes [00009] «Dominant entity of tax group» or [00010] «Dependent entity of tax group » , as appropriate).

These entities must also check the box [00029] “Canary Islands special regime ” on page 1 of form 200.