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Instructions

PATRIMONIAL BENEFIT FOR CONVERSION OF ASSETS BY TAX
DEFERRED IN CREDIT CLAIMABLE AGAINST THE TAX ADMINISTRATION

1) IDENTIFICATION

The taxpayer's identification data will be recorded: NIF and company name. In the case of a tax group, the NIF and corporate name of the entity representing the group must be recorded, as well as the corresponding group number.

2) ACCRUAL

Tax year: The four-digit number of the year in which the tax period begins must be entered in this box.

Type of exercise: In this key, the number 1, 2 or 3 will be reflected according to the following detail:

  1. Financial year lasting 12 months, coinciding with the calendar year.

  2. Financial year lasting 12 months, which does not coincide with the calendar year.

  3. Financial year lasting less than 12 months.

Declaration relating to the tax period from ____ to ____: The start and end dates of the tax period will be entered in these boxes with six digits DD/MM/YY (D = day, M = month, Y = year).

3) SETTLEMENT

Pending AID balances corresponding to net generation between 2008 and 2015 : The net generation of deferred tax assets with the right to conversion generated between January 1, 2008 and December 31, 2015 will be recorded. Specifically, the difference between the balance of deferred tax assets existing as of December 31, 2015 and existing as of January 1, 2008.

Add up positive net quotas Corporate Tax 2008 to 2015 : This box will contain the sum of the positive net corporate tax payments for the periods between 2008 and 2015.

AID balances pending application with patrimonial benefit ([01] - [02]): This box will contain the
difference between the amount entered in key [01], AID balances pending application corresponding to net generation between 2008 and 2015, and key [02], sum of positive net Corporate Tax quotas from 2008 to 2015.

Applicable percentage: 1.5% will be entered in this box.

Amount of benefit ([03] x [04]): The result of applying the percentage of 1.5%, code [04], to the amount entered in code [03] will be recorded in this box. The resulting amount must be expressed with two decimal places. For this purpose, if necessary, the amount will be rounded up or down to the nearest cent. In the event that the last figure of the amount obtained as a result of applying the percentage to the base of the split payment is exactly half a cent, the rounding will be carried out to the next higher figure.

Result of the previous self-assessment (only if it is complementary): If this self-assessment is complementary to another previously submitted for the same concept, fiscal year and period, the amount of the benefit previously paid will be entered in this box. In this case, in section 5 “Supplementary”, the identification voucher number of the previous self-assessment must be entered.

Amount to be entered : In general, the amount entered in key [05] will be the amount of the benefit. In the event that this self-assessment is complementary to a previous one (see section 5 of these instructions), the amount of the benefit that was previously entered (key [06]) must be subtracted from the amount stated above.

4) INCOME

In the case of a declaration to be entered, the method of payment will be stated. If the payment is made by direct debit, the corresponding International Bank Account Number (IBAN) must be duly completed.

5) SUPPLEMENTARY STATEMENT

If this self-assessment is complementary to another previously submitted for the same concept, financial year and period, this box must be checked, also stating the identification voucher number of the previous self-assessment. In this case, the amount paid for the previously submitted self-assessment will be recorded in key [06].

FILING PERIOD

Form 221 for self-assessment of the patrimonial benefit must be submitted and the corresponding amount must be paid within 25 calendar days following the six months after the end of the tax period. Deadlines that coincide with a non-working day will be deemed to be transferred to the next immediate working day.

All amounts must be expressed in euros, with the whole number followed by two decimal places.