7,4,2,4. Reduction of 30 per 100

Net returns with a generation period of more than two years, as well as those legally qualified as obtained in a particularly irregular manner over time, will be reduced by 30 per 100 provided that, in both cases, they are attributed to a single tax period.

This reduction will not be applicable to those returns that, even if they may individually derive from actions carried out over a period that meets the requirements indicated, derive from the exercise of an economic activity that regularly or regularly obtains this type of return.

The amount of the net yield on which the reduction of 30 per 100 is applied may not exceed 300,000 euros per year.

When the returns from economic activities with a generation period of more than two years are received in instalments before at 1-1-2015, only the reduction of 30 per 100 will be applicable if the quotient resulting from dividing the number of years corresponding to the generation period, counted from date to date, between the number of tax periods in instalments, is greater than two.

Yields obtained in a particularly irregular manner over time (Article 25 of the Act)

The following are considered earnings from economic activities obtained in a particularly irregular manner over time, exclusively, when they are attributed in a single tax period:

• Capital grants for the acquisition of non-depreciable fixed assets.

• Compensation and aid for cessation of economic activities.

• Literary, artistic or scientific prizes that do not enjoy exemption from this tax. For these purposes, economic benefits derived from the assignment of intellectual or industrial property rights or which replace them are not considered prizes.

• Compensation received in substitution of indefinite economic rights.