{"id":4309,"date":"2017-09-15T14:34:11","date_gmt":"2017-09-15T14:34:11","guid":{"rendered":"https:\/\/vila.es\/en\/?p=2259"},"modified":"2020-11-25T08:30:53","modified_gmt":"2020-11-25T08:30:53","slug":"new-form-232-informative-tax-declaration-regarding-related-transactions-well-transactions-financial-situations-related-countries-territories-considered-tax-havens","status":"publish","type":"post","link":"https:\/\/vila.es\/en\/tax\/new-form-232-informative-tax-declaration-regarding-related-transactions-well-transactions-financial-situations-related-countries-territories-considered-tax-havens\/","title":{"rendered":"NEW FORM 232: INFORMATIVE TAX DECLARATION REGARDING RELATED TRANSACTIONS, AS WELL AS THE TRANSACTIONS AND FINANCIAL SITUATIONS RELATED TO COUNTRIES OR TERRITORIES CONSIDERED AS TAX HAVENS"},"content":{"rendered":"

The Official Gazette of the Government of Spain, dated 30 August 2017, published the Order HFP\/816\/2017 of 28 August, approving form 232 for the informative tax declaration regarding related transactions, as well as the transactions and financial situations related to countries or territories considered as tax havens.<\/p>\n

For tax periods beginning on or after 1 January 2015, a comprehensive and complete reform of \u00a0Corporation Income Tax legislation was carried out. And in the area of related transactions, the Law introduced novelties in relation to the specific documentation to be prepared by the affected entities. However, the documentation obligation is separate and independent from the information obligation, which is the object of this newly published order.<\/p>\n

This information obligation is based on article 13.4 of the Corporation Income Tax Regulation. Traditionally, this obligation has been fulfilled by completing the table description included in the form 200 (the corporation income tax return). Yet, for this obligation and for tax periods beginning on or after 1 January 2016, the previous tax declaration form 200 used for this purpose shall be replaced by a new specific form (form 232). The causes of the change are:<\/p>\n

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  1. It is considered\u00a0more accurate to include the chart, the content of which is merely informative, in an informative declaration, which only entities who are required to report on transactions with related persons or entities will have to complete.<\/li>\n
  2. Removing the informative table from the declaration form resulted in the reduction of indirect tax charges associated with the submission of the tax return.<\/li>\n<\/ol>\n

    For these reasons, the information relating to the transactions and financial situations related to countries or territories considered as tax havens, which are included in the form 200, will now be transferred to the new form 232.<\/p>\n

    Form format <\/u><\/p>\n

    Form 232 is available exclusively online.<\/p>\n

    Obligors<\/u><\/p>\n

    1) Form 232 and filling in the “Information of transactions of related persons or entities”<\/p>\n

    The following are obligated:<\/p>\n