Instructions
EQUITY BENEFIT FOR CONVERSION OF TAX ASSETS
DEFERRED INTO CREDIT PAYABLE TO 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 company name of the entity representing the group will be entered, as well as the corresponding group number.
2) ACCRUAL
Tax year: The four digits of the beginning year of the tax period will 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:
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Economic year lasting 12 months, coinciding with the calendar year.
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Financial year of 12 months duration, which does not coincide with the calendar year.
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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, A = year).
3) LIQUIDATION
AID balances pending application 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 in the balance of deferred tax assets existing as of December 31, 2015 and existing as of January 1, 2008.
Sum of positive liquid contributions on Corporate Tax from 2008 to 2015 : The amount of the sum of the positive liquid contributions of the Corporate Tax for the periods between 2008 and 2015 will be entered in this box.
Balances of AIDs pending application with property benefit ([01] - [02]): The
difference between the amount entered in key [01], balances of AIDs pending application corresponding to the net generation between 2008 and 2015, and key [02] will be entered in this box. , adds positive liquid corporate tax payments 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%, key [04], to the amount entered in key [03] will be entered in this box. The resulting amount must be expressed with two decimal places. To do this, if necessary, it 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 installment payment is exactly half a cent, the rounding will be carried out to the highest figure.
Result of the previous self-assessment (exclusively if this is complementary): If this self-assessment is complementary to another previously submitted for the same concept, year and period, the amount of the benefit previously entered will be recorded in this box. In this case, in section 5 “Complementary”, the identification document number of the previous self-assessment must be recorded.
Amount to enter : In general, it will be the amount entered in key [05], 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 must be subtracted from the amount expressed above (key [06]).
4) INCOME
In case of declaration to be entered, the payment method will be recorded. In the event that this is done by debiting an account, you must duly complete the corresponding International Bank Account Code (IBAN).
5) SUPPLEMENTARY DECLARATION
If this self-assessment is complementary to another previously submitted for the same concept, year and period, this box must be checked, also stating the identification receipt number of the previous self-assessment. In this case, code [06] will record the amount entered for the self-assessment submitted previously.
FILING PERIOD
Form 221 for self-assessment of the property benefit will be submitted and the corresponding amount will be entered within the period of 25 calendar days following the six months following the conclusion of the tax period. Deadlines that coincide with a non-business day will be understood transferred to the first immediately following business day.
All amounts must be expressed in euros, with the whole part followed by two decimal places.