Implicaciones fiscales en el cálculo del impuesto de sociedades tras la nueva Ley Valenciana de Cooperativas (8/2003)

Law 8/2003, on Cooperatives in the Valencia Region, modifies a substantial number of the points that were in force prior to the new law being passed. It also introduces significant new features that considerably affect the taxation of these organisations. Consequently, with the new law, all profits are shared before Corporation Tax is applied, rather than after (as was the case with the previous legislation). Corporation Tax is therefore considered as simply another part of the share in the organisation’s business results. This study aims to deal with the fiscal optimisation of Corporation Tax from an essentially practical point of view, based on the opportunity presented by this new law and the determination of the minimum amount assigned to Mandatory Funds in the Articles of Association.