Introduction

The statistics ofConsolidated Annual Accounts of Corporate Tax, referring to the year under analysis, contains the consolidated information of the Corporate Tax returns. The universe of the publication is made up of individual companies not integrated into groups that settle their tax using form 200 and consolidated groups that do so using form 220. The latter form is submitted by the parent company of the group that, complying with the definition of a consolidated tax group set out in article 58 of the Corporate Income Tax Law (LIS), chooses to apply the tax regime regulated in Chapter VI of Title VII of said law.

This information complements the information provided in the Statistics on Unconsolidated Annual Corporate Income Tax Accounts, which contains all Form 200 returns, both for companies that file tax using this form and for companies belonging to groups that file Form 200, but in the latter case without liquidation effects. While the statistics from the unconsolidated annual accounts for corporate income tax provide a comprehensive overview of the economic activity and balance sheets of all companies, this publication offers a complete view of the tax, including, among other variables, the consolidated net corporate income tax, which is the appropriate measure of the contribution of all companies to state tax revenues.

The net tax rate is the expression of the contribution to tax revenues on an accrual basis, with this tax magnitude being comparable to the rate resulting from the self-assessment of the Personal Income Tax. This publication explains the calculation of effective rates consistent with the data published in the collection reports prepared by this Service. It is important to note that these reports and statistics refer only and exclusively to corporate tax paid in Spain, and more specifically in areas under the Common Tax Regime.