Impairment losses on loans to cover possible bad debts (boxes 00323 and 00324)

When small-sized entities apply this tax incentive under the terms of article 104 of the LIS , small-sized companies must make the following adjustments in boxes [00323] and [00324] "Small-sized companies losses due to impairment credits insolvencies (art. 104 LIS)" on page 13 of form 200:

• In box [00323] of increases, you must include the amount of excess of the impairment losses recorded over the tax deductible losses in the tax period being declared.

• And in the tax period in which the reversal of impairment losses occurs, said entities must include in box [00324] of decreases the amount corresponding to said reversal.