Tax rate
The tax rates applicable to tax periods beginning in 2017, 2018, 2019, 2020, 2021 and 2022 (Art. 29 and DT 34ª LIS) are the following:
| TAXPAYERS | INTEREST RATES | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| General rate | 25% | 25% | 25% | 25% | 25% | 25% | |
| Newly created entities of article 29.1 of the LIS that carry out economic activities, except those that are taxed at a lower rate, will apply this scale the first period with a positive BI and the following | 15% | 15% | 15% | 15% | 15% | 15% | |
| Newly created entities established between 1-1-2013 and 31-12-2014 that carry out economic activities, which according to the DT 22 of the LIS can continue applying the rate established in the DA 19 of the RD leg. 4/2004, in the first tax period in which the tax base is positive and in the following one: | |||||||
|
15% | 15% | 15% | 15% | 15% | 15% | |
|
20% | 20% | 20% | 20% | 20% | 20% | |
| Non-profit organisations that do not meet the requirements of Act 49/2002 | 25% | 25% | 25% | 25% | 25% | 25% | |
| Credit cooperative and rural savings banks | Cooperative result | 25% | 25% | 25% | 25% | 25% | 25% |
| Extra-cooperative result | 30% | 30% | 30% | 30% | 30% | 30% | |
| Fiscally-protected cooperatives | Cooperative result | 20% | 20% | 20% | 20% | 20% | 20% |
| Extra-cooperative result | 25% | 25% | 25% | 25% | 25% | 25% | |
| Public limited investment companies listed on the property market (SOCIMI) (Law 11/2009) | In general | 0% | 0% | 0% | 0% | 0% | 0% |
| Special tax on distributed profits | 19% | 19% | 19% | 19% | 19% | 19% | |
| Special tax on undistributed profits | 15% | 15% | |||||
| Non-profit organisations complying with Act 49/2002 | 10% | 10% | 10% | 10% | 10% | 10% | |
| Entities of the Canary Islands Special Zone (Art. 43 Law 19/1994) | 4% | 4% | 4% | 4% | 4% | 4% | |
| SICAV with certain conditions indicated in art. 29.4 LIS which refers to Law 35/2003 on Collective Investment Institutions | 1% | 1% | 1% | 1% | 1% | 1% | |
| Financial investment funds of Law 35/2003 with certain conditions | 1% | 1% | 1% | 1% | 1% | 1% | |
| Real estate investment companies and funds with certain conditions indicated in art. 29.4 LIS | 1% | 1% | 1% | 1% | 1% | 1% | |
| Mortgage market regulation funds | 1% | 1% | 1% | 1% | 1% | 1% | |
| Pension funds regulated by Royal Legislative Decree 1/2002 | 0% | 0% | 0% | 0% | 0% | 0% | |
| Organisations engaged in exploration, research and exploitation of hydrocarbon deposits and other activities regulated by Law 34/1998 | 30% | 30% | 30% | 30% | 30% | 30% | |
| Activities related to refining and any other activities other than exploration, research, exploitation, transportation, storage, purification and sale of extracted hydrocarbons or the activity of underground storage of hydrocarbons owned by third parties | 25% | 25% | 25% | 25% | 25% | 25% | |
| Credit institutions | 30% | 30% | 30% |
30% |
30% | 30% |
As of 1 January 2023 a reduced tax rate of 23 is being introduced for entities whose net turnover for the immediately preceding tax period is less than EUR 1 million.
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 .
Start-up companies, in accordance with Law 28/2022, of December 21, to promote the startup ecosystem, will be taxed at the rate of 15% under the terms established in section 1 of article 29 of the LIS in the first tax period in which, having the status of an emerging company, the tax base is positive and in the following three periods, provided that they maintain said status.