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

This box will be ticked by entities whose net turnover amount of the immediately preceding tax period is less than 1 million euros and that according to the provisions of article 29.1 of the LIS (according to the wording applicable to tax periods beginning before January 1, 2025), are taxed at the reduced tax rate of 23 percent.