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Form 100. Personal Income Tax Declaration 2018 Reduction for starting an economic activity

Taxpayers who begin the exercise of an economic activity and determine its net return in accordance with the direct estimation method, may reduce by 20 percent the positive net return declared in accordance with said method, reduced where appropriate by the reductions provided for in sections 1 and 2 above, in the first tax period in which it is positive and in the following tax period.

For the purposes of the provisions of the previous paragraph, it will be understood that an economic activity begins when no economic activity has been carried out in the year prior to the start date thereof, without taking into consideration those activities whose exercise had ceased. without having managed to obtain positive net returns since its inception.

When, after the start of the activity referred to in the first paragraph above, a new activity is started without having ceased the exercise of the first, the reduction provided for in this section will be applied to the net income obtained in the first tax period in that they are positive and in the following tax period, counting from the beginning of the first activity.

The amount of net income referred to in this section to which the aforementioned reduction will be applied may not exceed the amount of 100,000 euros per year.

The reduction provided for in this section will not be applicable in the tax period in which more than 50 percent of the same's income comes from a person or entity from which the taxpayer had obtained income from work in the year prior to the date. start of the activity.

COMPLETION: Once the net income of activity Box 0144 has been calculated, must mark with an 0148 and 0149 and for the start of an economic activity, box 0150.

Note: If you have carried out more than one economic activity during the year with the right to the reduction, including those carried out through entities under the income attribution regime, you must check the corresponding box for each of the activities.