Updates Tax 7-2012
TAX PREPAYMENTS: FORMS 202 AND 222
As a result of the major changes in the corporate income tax rules that have taken place in recent months and, in particular, with regard to the procedure for calculating corporate income tax prepayments, new forms for making such prepayments have now been approved.
Specifically, last Saturday, September 29, 2012 saw the publication of Order HAP/2055/2012, of September 28, 2012, Approving Form 202 for Making Prepayments on Account of Corporate Income Tax and Nonresident Income Tax (Permanent Establishments and Pass-Through Entities Formed Abroad and with a Presence in Spain) and Amending Order EHA/1721/2011, of June 16, 2011, Approving Form 222 for Making Prepayments on Account of Corporate Income Tax under the Consolidated Tax Regime.
The Order entered into force on September 29, 2012; taxpayers must begin to use the approved forms for the second 2012 tax prepayment, and the time period for filing them started on October 1.