Calculation of the result and the amount to be entered

From box [27] to [34] inclusive, the calculation sequence is common to all entities that apply this modality of fractional payment of article 40.3 of the LIS, once the amount of the previous Result has been entered in one or the other box, [18] or [26], as appropriate.

Box [27]. LIS Bonuses

In box [27] the amount of the bonuses of Chapter III of Title VI of the LIS and other bonuses that were applicable to the taxpayer in the corresponding period will be recorded.

Box [28]. Withholdings and payments on account made on the income of the computed period

In box [28] the amount of withholdings and payments on account made to the taxpayer on the income of the computed period will be recorded.

Box [29]. Volume of operations in Common Territory (%)

In the case of taxpayers who pay taxes jointly to the State and the Provincial Councils of the Basque Country and/or the Foral Community of Navarre, in box [29] the percentage figure corresponding to the State must be entered according to the proportion of the volume of operations carried out in the Common Territory determined in the last tax return. In the case of paying taxes exclusively to the State, the percentage will be 100 percent.

Box [30]. Split payments from previous periods in Common Territory

In box [30] the amount of the fractional payments made previously in Common Territory corresponding to the same tax period will be recorded.

Box [31]. Result of the previous statement (exclusively if it is complementary)

If this declaration is complementary to another previously submitted for the same concept and period, the amount of the previously entered split payment will be entered in box [31].

In this case, the supporting document number for the previous declaration must be entered in the "Supplementary or substitute communication" section of the Form 202 Annex regarding "Communication of additional data to the declaration."

Box [32]. Result

The result of reducing the positive amount of the Previous Result (recorded in box [18] or box [26], as the case may be) in the bonuses (box [27]) and in the withholdings and payments on account (box [28]), is multiplied by the percentage in box [29]. The amount of this product, reduced by the amounts in boxes [30] and [31], will be recorded as Result in box [32].

Box [33]. Minimum to enter (only for companies with INCN equal to or greater than 20 million euros)

According to the fourteenth Additional Provision of the LIS, for taxpayers whose net turnover in the 12 months prior to the date on which the tax period begins is at least 10 million euros, the amount to be paid may not be less, in any case, than 23 percent (25 percent for taxpayers to whom the tax rate provided for in the first paragraph of article 29.6 of the LIS applies). LIS) of the positive result of the profit and loss account for the first 3, 9 or 11 months of each calendar year or, for taxpayers whose tax period does not coincide with the calendar year, of the year elapsed from the beginning of the tax period until the day before the beginning of each period of income of the fractional payment, determined in accordance with the Commercial Code and other accounting regulations for its development, reduced exclusively by the fractional payments made previously, corresponding to the same tax period.

This positive result will exclude the amount corresponding to income derived from debt reduction or waiting operations resulting from an agreement between the taxpayer's creditors, including in said result that part of its amount that is integrated into the taxable base of the tax period.

The amount of the positive result resulting from capital or equity increase operations due to offsetting credits that is not included in the tax base by application of article 17.2 of the LIS will also be excluded.

In the case of partially exempt entities to which the special tax regime established in Chapter XIV of Title VII of the LIS applies, the positive result will be taken exclusively as that corresponding to non-exempt income.

In the case of entities to which the bonus established in article 34 of the LIS applies, the positive result will be taken exclusively as corresponding to non-bonus income.

In the case of entities that apply the Reserve for investments in the Canary Islands , the amount of the reserve for investments in the Canary Islands that is expected to be made in accordance with the provisions of section 1 of the Fifth Additional Provision of the LIS will be excluded from the aforementioned positive result.

In the case of entities entitled to the bonus provided for in article 26 of Law 19/1994 , 50 percent of the total quota corresponding to the income that is entitled to said bonus will be excluded from the aforementioned positive result.

If it is a entity that applies the bonus provided for in article 33 of the LIS which regulates the bonus for income obtained in Ceuta and Melilla, 50 percent of that part of the positive result that corresponds to income that is entitled to it will be excluded from the aforementioned positive result.

In the case of Shipping Companies to which the bonus established in sections 1 and 2 of article 76 of Law 19/1994 of July 6 applies, the positive result will be taken exclusively for non-bonus income.

If it is a entity that applies the tax regime of the Canary Islands Special Zone , regulated in Title V of Law 19/1994, for the purposes of the minimum split payment, that part of the positive result that corresponds to the percentage indicated in section 4 of article 44 of Law 19/1994 will not be computed, unless the provisions of letter b) of section 6 of said article are to be applied, in which case the positive result to be computed will be reduced by the amount resulting from applying the provisions of that letter.

This minimum to be paid , will not apply to the entities referred to in sections 3, 4 and 5 of article 29 of the LIS, nor to those referred to in Law 11/2009, of October 26, which regulates Listed Public Limited Companies for Investment in the Real Estate Market, nor to the venture capital entities regulated by Law 22/2014, of November 12.

The minimum to be paid will also not apply to shipping entities under a special regime based on tonnage. However, for those entities whose tax base is determined in part according to the objective estimation method and in part by applying the general tax regime (activities not included in the special regime), the declarant must include in box 33 (minimum to be paid) the amount that, where applicable, corresponds to the activities included in the general regime, since these activities are not excluded from the minimum fractional payment. This information must be entered directly by the taxpayer, calculated in accordance with the provisions of the Fourteenth Additional Provision of the LIS.

Box 34. Amount to enter (highest of boxes [32] and [33])

The amount in box [34] will be the largest of boxes [32] or [33].