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Practical Manual for Companies 2022.

Special cases

Assumption of decreases to the result of the profit and loss account relating to the concepts "Mining and hydrocarbons, depletion factor" (box [00382]), "Reserves for investments in the Canary Islands" (box [00404]) and "Application of the limit of art. 11.12 LIS to the impairment losses of art. 13.1 LIS and provisions and expenses (art. 14.1 and 14.2 LIS)" (box [00416])

In calculating the amount for box [00550] ([00550] = [00501] + [00417] - [00418]) indicated above, the following must be taken into account in relation to boxes [00382] and [00404]:

  • If the amount resulting from the operation box [00501] + (boxes [00355] to [00413]) "Details of corrections to the profit and loss account result (excluding correction for IS)" (increase) - (boxes [00356] to [00414]) "Details of corrections to the profit and loss account result (excluding correction for IS )" (decrease), excluding from these boxes [00382] and [00404] corresponding to the corrections to the profit and loss account result) results in zero or a negative amount, the decreases to the profit and loss account result referred to in boxes [00382] and [00404] will not be applied under any circumstances. That is, in the aforementioned calculation of box [00550] the amounts in boxes [00382] and [00404] will not be computed to obtain the amount in box [00418]. And in this case, negative tax bases from previous tax periods cannot be offset, so the figure zero ("0") must be entered in box [00547].

  • If, on the other hand, the result of such an operation is a positive amount, the decreases to the profit and loss account result referred to in boxes [00382] and/or [00404] shall be applied in order to obtain the amount corresponding to box [00550], but taking into account that the application of said decreases (from boxes [00382] and [00404], considered individually and/or as a whole, may in no case give rise to a negative tax base (box [00552]).

Assumption of shipping entities under a tonnage-based taxation regime

If these entities have entered in box [00550] a positive amount resulting from the sum of the amounts in boxes [00578] "Taxable base for activities or income taxed under the general regime" and [00579] "Taxable base derived from the application of the special regime" on page 13 of form 200:

  • The total amount of negative tax bases to be offset in the tax period being settled, recorded in box [00547] on page 15 of Form 200, must be transferred to the same box on page 13 of the form, reduced by the amount recorded in box [00632] on page 21 of Form 200.

  • The amount in box [00547] on page 13 must be subtracted from the amount in box [00550]. but taking into account that the maximum amount by which they can reduce the amount in box [00550] is the amount that appears in box [00578].

And the result thus obtained, which cannot be negative, will be recorded in box [00552] relating to the taxable base.