Obligation to make payments in instalments on account for Corporation Tax purposes

Payers of Corporation Tax are obliged to make a partial payment, i.e. a payment on account for settlement of the Corporation Tax corresponding to the current tax period on the first day of April, October and December. The partial payment has the status of a tax debt.

In the event that the tax period does not coincide with the calendar year and that the fractional payment is made according to the method provided for in article 40.3 of the LIS , said payment will be on account of the settlement corresponding to the tax period that is in progress on the day prior to the start of each of the aforementioned payment periods.

the aforementioned split payment nor will they be obliged to submit the corresponding declaration.

The new limited company will not be required to make the fractional payments on account of the settlements corresponding to the first two tax periods concluded since its incorporation.

Start-up companies, in accordance with Law 28/2022, of December 21, to promote the startup ecosystem, will not be required to make the split payments regulated in articles 40 of the LIS and 23.1 of the TRLIRNR that they must make on account of the settlement corresponding to the tax period immediately following each of the tax periods in which the deferral has been requested, provided that the status of an emerging company is maintained in them.