Box 00037 Fractionation option art. 19.1 LIS
This box must be used in cases of change of residence to a Member State of the European Union or the European Economic Area that has entered into an agreement with Spain or the European Union on mutual assistance in the collection of tax credits, to express expressly option that the taxpayer has to split the payment of the tax debt resulting from the application of the provisions of the first paragraph of article 19.1 of the LIS for equal annual fifths .
The exercise of the option will be carried out in the Corporate Tax declaration corresponding to the tax period concluded on the occasion of the change of residence, taking into account that the payment of the first fraction must be made in the voluntary declaration period corresponding to said tax period. The expiration and enforceability of the four remaining annual installments will be required together with the late payment interest accrued for each of them, successively after one year from the end of the voluntary declaration period corresponding to the last tax period.
You can consult how the payment of the tax debt is made if you choose to split it in Chapter 6 of this Practical Manual.
Remember:
With effect for tax periods beginning on or after January 1, 2021 is replaced in these cases of change of residence of an entity to a Member State of the European Union or the Economic Area European Union, the possibility that the taxpayer had to defer the payment of the tax debt resulting from applying article 19.1 of the LIS, until the affected assets were transferred to third parties, due to the possibility of splitting said payment, also at the request of the taxpayer, by equal annual fifths.