Box 00088 Reduced tax rate for entities with previous period INCN less than 1 million euros (art. 29.1 LIS)

With effect for tax periods beginning on or after January 1, 2023, entities whose net turnover for the immediately preceding tax period is less than 1 million euros will mark this box. ##1##and that according to the provisions of article 29.1 of the LIS , are taxed at the reduced tax rate of 23 percent .