Specialties in calculating the tax base

With effects for tax periods that begin on January 1, 2021 that have not concluded on July 11, 2021, Law 11/2021, article 76.4 of Law 19/1994, of July 6, of modification of the Economic and Fiscal Regime of the Canary Islands, establishes that the negative tax bases derived from the activities that generate the right to apply the special regime for ships and shipping companies in the Canary Islands, cannot be offset with positive tax bases derived from the rest of the entity's activities, neither in the current year nor in subsequent years.

Consequently, to calculate the tax base for the tax period of shipping companies, it has been necessary to include on page 15 of model 200 for fiscal year 2022 a breakdown table of the compensation of negative tax bases in which said companies can separately detail the part that corresponds to the activities that generate the right to apply the special regime for ships and shipping companies in the Canary Islands, of the that corresponds to activities that do not generate this right.

1. Filling in form 200
2. Practical examples