Current tax rates

Taxpayers	Tax types 2020
General rate	25 percent
Newly created entities of article 29.1 of the LIS that carry out economic activities, except that they pay taxes at a lower rate, in the first tax period in which the tax base is positive and in the following ( not being applicable to those entities that are considered patrimonial entities)	15 percent
Newly created entities established between 1-1-2013 and 12-31-2014 that carry out economic activities, which according to DT 22 of the LIS can continue to apply the established tax rate in DA 19 of RDLeg. 4/2004, in the first tax period in which the tax base is positive and in the following:
• For the part of the tax base between 0 and 300,000 euros	15 percent
• For the remaining part of the tax base	20 percent
Credit institutions	30 percent
Entities that are dedicated to the exploration, research and exploitation of underground hydrocarbon deposits and storages as provided for in Law 34/1998	30 percent
Entities that exclusively carry out the activity of storing hydrocarbons owned by third parties and to which the special regime established in Chapter IX of Title VII of the LIS is not applicable.	25 percent
Activities related to refining and any other activities other than those of exploration, research, exploitation, transportation, storage, purification and sale of extracted hydrocarbons or the activity of underground storage of hydrocarbons owned by third parties	25 percent
Credit cooperative societies and rural banks ⁽¹⁾
• Cooperative results	25 percent
• Extra-cooperative results	30 percent
Fiscally-protected cooperatives ⁽¹⁾
• Cooperative results	20 percent
• Extra-cooperative results	25 percent
Entities to which the tax regime established in Law 49/2002 applies	10 per 100
Entities of the Special Zone of the Canary Islands (article 43 Law 19/1994), with respect to the part of the tax base that corresponds to the operations that are materially and effectively carried out in the geographical scope of the ZEC (box 00559)	4 per 100
Financial investment fund with certain conditions of article 29.4 of the LIS	1 per 100
Real estate investment companies and funds, whose exclusive purpose is to invest in any type of urban property for rental and meet the conditions of article 29.4.c) of the LIS, as well as those that carry out the promotion activity exclusively of homes to be used for rental and meet the conditions of article 29.4.d) of the LIS	1 per 100
SICAV with certain conditions indicated in article 29.4 of the LIS that refers to Law 35/2003	1 per 100
Mortgage market regulation funds	1 per 100
Bank Asset Funds (during the legally provided period of time)	1 per 100
Entities under special regime SOCIMI established in Law 11/2009	0 per 100
Pension funds regulated by Royal Legislative Decree 1/2002, of November 29	0 per 100

Note to the table:

⁽¹⁾ For the sole purposes of completing box [00558] "Type of tax", the type of tax to be recorded by tax-protected cooperative societies therein will be the one corresponding to the cooperative results: 20 percent (25 percent if they are credit cooperatives and rural banks). ^{(return companies)} ^{(return cooperatives)}