2.7.3.13 Reduced tax rate for newly created entities (DT 22ª LIS)

This key must be marked by newly created entities established between January 1, 2013 and December 31, 2014, that carry out economic activities, and that according to the provisions of the twenty-second transitional provision of the LIS will pay taxes in accordance with the provisions of the nineteenth Additional Provision of the RDLeg. 4/2004.

The nineteenth Additional Provision of the Royal Decree-Law. 4/2004 established that newly created entities, established after 1 January 2013, that carry out economic activities will pay taxes, in the first tax period in which the tax base is positive and in the following one, according to the following scale, except if, in accordance with the provisions of article 28 of said regulation, they must pay taxes at a lower rate:

• the taxable base portion between 0 and 300,000 euros at a rate of 15%.
• the remaining part of the tax base, at a rate of 20%.