Specialities in the calculation of the tax rate

1. Newly created entities

• The newly created entities regulated in article 29. 1 of the LIS that carry out economic activities, except those that are taxed at a lower rate, in the first tax period in which the tax base is positive and in the following one, will record in box [00562] the result of carrying out the following operation:

  [00562] = [00552] x 15/100

• The newly created entities established between 1-1-2013 and 31-12-2014 that carry out economic activities, and that according to the twenty-second transitional provision of the LIS can continue applying the tax rate established in the nineteenth Additional Provision of the RDLeg. 4/2004, in the first tax period in which the tax base is positive and in the following one, they will record in box [00562] the result of carrying out the following operation:

  • If the taxable base for the tax period is equal to or less than 300,000 euros:

    [00562] = [00552] x 15/100

  • If the taxable base for the tax period is greater than 300,000 euros:

    [00562] = 300,000 x 15/100 + ([00552] – 300,000) x 20/100

    When these entities are in the previous situation and their tax period lasts less than a year, the calculation of box [00562] will be:

    • If the taxable base for the tax period is equal to or less than 300,000 euros xd/365:

      [00562] = [00562] x 15/100

    • If the taxable base for the tax period is greater than 300,000 euros xd/365:

      [00562] = 300,000 xd/365 x 15/100 + ([00552] – (300,000 xd/365)) x 20/100

    Where "d" is the number of days that the tax period lasts, understanding that when it lasts 1 year it will contain, in any case, 365 days.

2. Entities of the Canary Islands Special Zone

In the case of these entities, the amount to be entered in box [00562] will be the result of the following operation:

[00562] = [00559] × ([00558]/100) + ([00552] - [00559]) × 25/100