Skip to main content
Practical Manual for Companies 2020.

New developments for completing form 200

In addition to the regulatory changes, in order for the Tax Agency to continue advancing in one of its strategic lines of action, which is assistance to taxpayers , it has become necessary to modify form 200 for tax periods starting on or after January 1, 2020 in the following aspects:

  1. It is planned that the " Tax Data" that will be provided to the taxpayer will be improved, as well as being able to be transferred to the Corporate Web form or imported by software developed by the taxpayers themselves or by third parties, which allow the direct filing of the Corporate Tax self-assessment.

  2. The detail table of the corrections to the result of the profit and loss account (excluding the correction for Corporation Tax) of page 19 of model 200 that will be mandatory for all adjustments on pages 12 and 13 of said model, as indicated in Order HAC /565/2020, of June 12, by which models 200 and 220 were approved for the tax periods beginning between January 1 and December 31, 2019. This modification is intended to facilitate the completion of corrections to the result of the profit and loss account (excluding the correction for Corporate Tax) in future years by knowing whether the tax corrections made are permanent, temporary, originating in the year or in previous years, as well as the outstanding balance at the beginning and end of the year for each of the adjustments. This table also serves the purpose of to obtain greater detail of the corrections to the profit and loss account result in order to reduce the number of requests currently raised by these adjustments. This information , once completed, will be grouped in the summary table contained on pages 26 bis to 26 sexies of form 200, which will also be mandatory to complete for tax periods starting on or after January 1, 2020.

  3. For better information and improved management of the Tax it has been considered necessary to introduce changes related to the Economic and Tax Regime of the Canary Islands that affect the completion of the sections relating to Deductions for investments in the Canary Islands with increased limits, to the Deduction for foreign film productions in the Canary Islands, as well as to the advance investments that will be considered as materialization of the Reserve for investments in the Canary Islands.

Finally, a new form has been published in Annex V of Order HAC /560/2021, dated June 4, a new form related to the Reserve for investments in the Canary Islands in order to carry out the communication of the materialization of the advance investments and their financing system in accordance with the provisions of article 27.11 of the LIS of Law 19/1994, of July 6, which must be submitted prior to the Corporate Tax return for the tax period in which the advance investments are made.