Issues to take into account when settling the Tax in 2023
We inform you of the main news for the 2023 Companies Campaign.
Reduced tax rate
With effect for tax periods beginning on or after January 1, 2023, Law 31/2022, of December 23, introduces in article 29 of the LIS a reduced tax rate of 23 per cent for entities whose net amount of the turnover of the immediately preceding tax period is less than 1 million euros.
For these purposes, the net amount of the turnover will be determined in accordance with the provisions of sections 2 and 3 of article 101 of the LIS.
Keep in mind:
Protected or specially protected cooperatives are taxed at a rate different from the general tax rate and will not be able to enjoy , even due to the extra-cooperative results, of the general tax rate of the 23% or 15% that could be applicable in accordance with the provisions of section 1 of article 29 of the LIS.