Deduction base

It will be the result of applying to the amount of profits for the year, without including the accounting of the Corporate Tax, subject to investment a coefficient determined by:

• In the numerator : the profits obtained in the year, not including the accounting of the Corporate Tax, reduced by the income or revenue that is subject to exemption, reduction, bonus, deduction of article 15.9 of the RDLeg. 4/2004 or deduction for double taxation, exclusively in the exempt, reduced, bonus or deductible part of the tax base, or that has generated the right to deduction in the total amount.

• In the denominator : profits obtained in the year, excluding the accounting for Corporate Tax.

The resulting coefficient will be taken with two decimal places rounded by default.