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Practical Manual for Companies 2023.

Filling in form 200

Only in the event that the amount in box [00550] “Taxable base before application of the capitalisation reserve and offsetting of negative tax bases” is positive and other than zero, taxpayers may offset negative tax bases from previous periods by entering in box [00547] “Offsetting negative tax bases from previous periods” on page of form 200, as a decrease in the amount in box [00550], the amount of the same that they decide to offset in this declaration. The amount entered in box [00547] will be the result of completing the breakdown table "Details of negative tax bases" on page 15 of form 200, which is explained at the end of this section.

For the calculation of the limit on the compensation of negative tax bases, the amount of the reductions or delays resulting from an agreement with creditors not related to the taxpayer should not be taken into account. Therefore, this amount must be entered in box [00545] “Income corresponding to reductions by agreement with creditors (art. 26.1 LIS)” on page 14 of form 200 ( box [00593] “Income corresponding. to reductions by agreement with unrelated creditors of cooperatives (at quota level) ( DA 8 Law 20/1990) » on page 14 of form 200 in the case of cooperative societies).

For this same reason, the amount of income corresponding to the reversal of impairment losses that is integrated into the tax base by application of the provisions of the sixteenth transitional provision of the LIS, must be entered in box [01509] "Income corresponding to the reversal of impairments ( DT 16.8 LIS)" on page 14 of form 200 ( box [01510] "Income corresponding to the reversal of cooperative impairments (at share level) (DT 16.8 LIS) " on page 14 of form 200 in the case of cooperative societies).

Therefore, and solely to determine the amount in box [00547] that will be affected by the application of the corresponding limitation established for the compensation of negative tax bases, the amount appearing in the aforementioned boxes [00545] and [01509] (boxes [00593] and [01510] in the case of cooperative societies) will be subtracted from said box [00547].

Keep in mind:

On page 1 of Form 200, information must be included on the net amount of turnover for the twelve months prior to the start date of the tax period for the purposes of determining the application of minimum taxation (Article 30 bis LIS).

Common note to boxes [00550] “Taxable base before application of the capitalisation reserve and offsetting of negative tax bases” and [00547] “Offsetting of negative tax bases from previous periods”:

  • If the amount in box [00550] is zero or negative , in no case may any amount of the negative tax bases from previous tax periods be offset, and the figure zero ("0") must be entered in box [00547].

  • If the amount in box [00550] is positive , the amount in box [00547] reduced, where applicable, by the amounts entered in boxes [00545] and [01509], will have as limit that of box [00550]. That is, the application of box [00547] may not result in a negative amount in box [00552] "Taxable base" under any circumstances.

Completing the “Details of the compensation of tax bases” table (page 15 of form 200)

The reporting entity, unless it is a cooperative society (boxes [00017], [00018] and [00019]), entities belonging to a tax group (boxes [00009] or [00010]) or entities that apply the special regime for ships and shipping companies in the Canary Islands (box [00069]), with respect to the year from which the negative tax bases pending offset at the beginning of the tax period subject to declaration come from, must complete this table in the manner detailed below:

  • In column "Pending application at the beginning of the period/generated in the period" the amounts relating to the compensation of negative tax bases generated in the periods 1997 to 2023, pending application at the beginning of the tax period, will be collected.

    Row «Base compensation year 2023 (*)» should only be completed if the reporting entity has negative tax bases for another tax period also starting in 2023, but less than 12 months and prior to the tax period being declared.

    In the case of entities whose tax period does not correspond to the calendar year or which have a split tax period, the negative tax bases from previous periods pending compensation must be included as coming from the year in which the fiscal year began.

  • In column "Applied in this settlement" the part (or the whole, if applicable) of the corresponding amount of column "Pending application at the beginning of the period/generated in the period" , which is applied in the settlement of the tax period subject to declaration.

    This column should not include the amount of the negative tax base that, if applicable, may have been generated in the tax period being declared (i.e. the box relating to "Compensation of base year 2023" will not contain any content).

    The total of the column "Applied in this settlement" that appears in box [00547] will be transferred to box [00547] on page 14 of form 200.

  • In column "Pending application in future periods" the positive difference between the amount of the offset of negative tax bases at the beginning of the tax period or generated in said period in column "Pending application at the beginning of the period/generated in the period" and the amount of the offset of negative tax bases applied in the settlement of the tax period subject to declaration in column "Applied in this settlement" will be recorded.