Box 00070 Offsetting negative tax bases for start-ups (Article 26.3 LIS)

This box will be checked by the newly created entities referred to in article 29.1 of the LIS , and that according to the provisions of article 26.3 of said Law, do not apply the 70 percent limit established in the first paragraph of article 26.1 of the LIS for the compensation of negative tax bases.

As established in article 26.3 of the LIS, these newly created entities will not apply the 70 percent limit in the first three tax periods in which a positive tax base is generated prior to its compensation.