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 (regardless of the result of their tax base in this second year), will record in box [00562] the result of carrying out the following operation:

  [00562] = [01330] 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 (regardless of the result of their tax base in this second year), 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] = [01330] x 15/100

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

    [00562] = 300,000 x 15/100 + ([01330] – 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] = [01330] 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 + ([01330] – (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) + ([01330] - [00559]) × 25/100

3. Startups

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

[00562] = [01330] x [00558]/100