As of January 1, 2015, two concepts that allow companies to pay less began to be applied based on the Corporate Tax Law<\/strong>. We tell you the most important aspects of levelling and capitalization reserves<\/strong>.<\/p>\n Based on article 105 of the Corporate Tax Law small companies <\/b>(those that have a net turnover in the previous tax period of less than ten million euros) that apply the 25% tax, may reduce their positive tax base by up to 10%.<\/b><\/p>\n The reduction in the tax base carried out may not exceed one million euros.<\/b> If the tax period lasts less than one year, the proportional part of that million euros will be calculated. Euros.<\/p>\n What is done is to carry out a retroactive compensation of negative tax bases, which can only be applied, as we mentioned, to small companies.<\/p>\n The objective pursued is to increase the capitalization of companies by reducing the taxation of companies that obtain profits. Instead of distributing them among the partners as dividends, they allocate them to reserves.<\/p>\n<\/blockquote>\n They are regulated in Article 25 of the Corporate Tax Law, which establishes that taxpayers who pay taxes at the tax rate of 25 or 30% will have the right to a reduction in the tax base of 10% of the increase in taxes. their own funds<\/b>. To apply this deduction, a series of requirements will have to be met, which are the following:<\/p>\n Based on what is established in the article above, it will not be understood that the reserve has been made available in the following cases: <\/b><\/p>\n The right to reduction cannot exceed 10% of the positive tax base of the tax period prior to the reduction, integrating article 12.11 of the Corporate Tax Law and compensating negative tax bases.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Leveling reserves<\/h2>\n
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Capitalization reserves<\/h2>\n
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