Instructions
Corporation Tax
Form 237
Special tax on undistributed profits of SOCIMIs
-
ID
The taxpayer's identification data will be recorded: your tax identification number (NIF) and company name.
-
ACCRUAL
Accrual date : The date of accrual of the special tax on profits not distributed by SOCIMI will be recorded, which will take place on the day of the agreement to apply the results of the year by the general meeting of shareholders, or equivalent body.
Exercise : The year that corresponds to the start date of the tax period will be completed with four digits.
Type of exercise : In this box the number 1, 2 or 3 will be indicated according to the following detail:
-
Economic year lasting 12 months, coinciding with the calendar year.
-
Financial year of 12 months duration, which does not coincide with the calendar year.
-
Financial year lasting less than 12 months.
Of... to...: The start and closing dates of the tax period to which the declaration refers will be indicated in this section.
-
-
SETTLEMENT
Amount of undistributed profits subject to this special tax : The part of the profits obtained in the year that is not subject to distribution, that comes from income that has not been taxed at the general corporate tax rate nor is it income covered by the reinvestment period regulated in letter b, will be recorded. ) of section 1 of article 6 of Law 11/2009 of October 26, which regulates Listed Investment Companies in the Real Estate Market.
Tax rate: The current tax rate will be recorded for the settlement of the tax (15% as of January 1, 2021).
Percentage of taxation to the State Administration : In the event that the percentage of taxation to the State Administration is different from 100% because these are cases of joint taxation with the Administrations of the Basque Country or Navarra, the percentage of taxation that corresponds to the Administration will be indicated, with two decimal places. state, according to a calculation made based on the volume of operations carried out in each territory.
Share : The tax rate will be the result of applying the tax rate specified in box 02 to the amount of undistributed profits entered in box 01. In box 05, the part of the fee corresponding to the State Administration will be indicated, which will be the entire amount except in cases of joint taxation with the Administrations of the Basque Country or Navarra. In these, box 04 will indicate the result of applying to that result the percentage that corresponds to the Provincial Administrations of the Basque Country and Navarra.
Result of the previous self-assessment : Boxes 06 and 07 will be completed exclusively in the cases of presentation of complementary self-assessments to indicate the result corresponding to the previous self-assessment.
Amount to enter : In boxes 08 and 09, the amount to be paid resulting from the self-assessment will be indicated, both to the Provincial Administrations, box 08, and to the State Administration, box 09.
Tax percentages to the rest of the Administrations : In cases of joint taxation with the Administrations of the Basque Country or Navarra, the percentage of taxation corresponding to each of these Administrations will be indicated, with two decimal places, in accordance with a calculation made based on the volume of operations carried out in each territory.
-
DEPOSIT
The payment method will be completed according to the options shown in the drop-down menu of the form, as well as the amount resulting from the self-assessment.
-
Complementary
If this self-assessment is complementary to another previously submitted for the same period, the identification document number of the previous self-assessment must be stated. In this case, in codes [06] or [07], as the case may be, the amount entered by the self-assessment submitted previously will be recorded.
FILING PERIOD
The special tax on profits not distributed by SOCIMI must be self-assessed and paid within a period of two months from the date of accrual. Deadlines that coincide with a Saturday or non-business day will be deemed transferred to the first immediately following business day.
The ministerial order that approves model 237 comes into force on January 3, 2022 and will be applicable for tax periods starting on January 1, 2021.
Taxpayers, whose deadline for declaring the special tax on profits not distributed by Listed Public Limited Investment Companies in the Real Estate Market had begun prior to the date of entry into force of the ministerial order, may submit form 237 within two months following the date of its publication in the "Official State Gazette".
All amounts must be expressed in euros, with the whole part followed by two decimal places.