7,4,2,7. Reduction for starting an economic activity

Taxpayers who begin the exercise of an economic activity and determine its net return in accordance with the direct estimation method, may reduce the positive net return declared in accordance with said method by 20%, reduced where appropriate by the reductions. for returns with a generation period of more than two years, for notoriously irregular net returns and for certain activities carried out for a single client, in the first tax period in which it is positive and in the following tax period.

It will be understood that an economic activity begins when no economic activity has been carried out in the year prior to the date of commencement thereof, without taking into consideration those activities whose exercise had ceased without having obtained positive net returns since your start.

When, after the start of the activity referred to in the first paragraph above, a new activity is started without having ceased the exercise of the first, the reduction provided for in this section will be applied to the net income obtained in the first tax period in that they are positive and in the following tax period, counting from the beginning of the first activity.

The amount of net income referred to in this section to which the aforementioned reduction will be applied may not exceed the amount of 100,000 euros per year.

The reduction provided for in this section will not be applicable in the tax period in which more than 50% of the same's income comes from a person or entity from which the taxpayer had obtained income from work in the year prior to the date of start of the activity.