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Practical Manual of Companies 2022.

Payment by instalments: article 40.3 LIS

Regulation: DA 5 LIS

The amount of the RIC that is planned to be carried out may be reduced from the taxable base, prorated in each of the 3, 9 or 11 periods first months of the tax period and with the maximum limit of 90 percent of the tax base of each of them.

If the amount of the reserve provided is lower by more than 20 percent of the amount of the reduction in the tax base made to calculate the amount of each of the increased installment payments per year, the entity will be obliged to regularize said payments for the difference between the initial forecast and the effective provision, without prejudice to the settlement of interest and surcharges that may arise.