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Practical Income Manual 2022.

Phase 2: Determination of the net reduced return

Regulations: See Annex II and instruction 2.2 of the aforementioned Annex II Order HFP /1335/2021, of December 1 ( BOE of December 2).

The reduced net return is the result of reducing the previous net return by the amount of employment and investment incentives, in the manner established below:

  1. 1. Reduction due to employment incentives
  2. 2. Minority due to investment incentives