Corporate tax deductions and bonuses

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Once the tax rate has been applied, the deductions or bonuses that can be opted for are taken into consideration, resulting in a positive net rate.

Positive net rate = Tax rate - Deductions/Bonuses

Finally, we apply the withholdings, tax credits and payments on account borne by the company, thus obtaining the differential rate that will be the payment that must be made to the Treasury.

Differential rate = Positive net rate - Tax withholdings/credits

Corporate tax rates
To make the calculation shown above, you need to know the tax rate that applies to companies or entities with legal personality. The laws establish certain distinctions, so it is important that you know which classification you fall under according to the Tax Agency .

General type
In this sense, the general tax rate is the one applied to the largest number of organizations, among which public limited companies and limited liability companies stand out. This will be 25% of the taxable base of the Corporate Tax.

It also applies to general insurance mutuals, mutual guarantee companies, mutual guarantee reinsurance companies, partially exempt entities and political parties, among others.

Reduced rate and tax benefits
Another option is the reduced tax rate, which is applied to the following commercial companies:

Small companies : from 1 January 2023, a tax reduction was list of romania phone number implemented for companies with profits below one million euros. The percentage applied is 23%.
Newly created companies : during the company's first tax period, a tax rate of 15% applies.
Startups : These are companies with a maximum life of 5 years whose economic activity is innovative and scalable according to the criteria of Law 28/2022 , known as the Startups Law. The tax rate will also be 15%.
Tax-protected cooperatives : a percentage of 20% applies to these, although non-cooperative results are classified as a general type.
Non-profit entities : a tax rate of 10% applies to these entities that comply with the regulations imposed by Law 49/2002 .
Investment companies and funds and bank asset funds : finally, a percentage of 1% is applied if certain special conditions are met.
Special types
It should be noted that there are entities that have to pay a higher percentage of corporate tax. These include credit cooperatives, rural banks and credit institutions, which apply a tax rate of 30%.


As we mentioned above, there are some deductions that can be applied when paying the tax. These are tax incentives used by the State to promote certain economic activities in the Spanish territory.

We can mention some incentives such as:

Deductions for research, development and innovation (R&D&I) : companies that carry out research, development and innovation activities will have certain benefits in their Corporate Tax. In this way, the creation of new technologies that help the country's growth is encouraged.
Deductions for job creation : this applies to companies that hire people who belong to certain groups, young people or even people with disabilities.