Chapter 11. Tax system for cooperatives
Cooperative societies that apply the tax regime regulated in Law 20/1990, of December 19, on the Tax Regime of Cooperatives, must take into account, in addition to the general aspects of the Corporation Tax regulations (contained in Chapter 5 and in Chapter 6 of this Manual relating to the liquidation of the Tax), the special rules provided for in said Law 20/1990.
Keep in mind:
The rules in Chapter IV of Title II ("Special rules applicable to Corporation Tax") and Title III ("On the members and associates of cooperatives") of Law 20/1990 of 19 December 1990 are applicable to all cooperatives duly constituted and registered in the Register of Cooperatives, even should they incur in any of the circumstances stripping them of their status as tax protected cooperatives.