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V1211-15 ·17 April 2015 ·consulta-vinculante Medium impact
Tax

Reduced Corporation Tax rate may be maintained for three years after exceeding €10 million turnover

A company has enquired whether it may continue to apply the reduced Corporation Tax rate after its turnover exceeded €10 million in 2011. The DGT has ruled that it may apply the rate for the following three tax years, provided that the requirements were met in the year the threshold was exceeded as well as in the two preceding years.

In 5 key points

Lifecycle

2015-04-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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