Interest payments are treated as investment income and added to your taxable savings base.

In total, the company can deduct €42.5 million from its tax base, due to its R&D spending.

(23) 'consolidated tax base' means the result of adding up the tax bases of all group members, as calculated in accordance with Directive 2016/xx/EU;

(23) 'consolidated tax base' means the result of adding up the tax bases of all group members, as calculated in accordance with Directive 2016/xx/EU;

(23) 'consolidated tax base' means the consolidated net taxable revenue of the group members, as calculated on a consistent accounting basis applicable to all group members in accordance with Directive 2016/xx/EU;

The tax base which is eroded is the one which derives from taxable economic activity in Spain.

After the tax base has been apportioned, Member States will be allowed to tax their share of it at their own corporate tax rate.

This tax base (i.e. the company's taxable profits) would then be shared out between the Member States in which the company is active, according to an agreed formula.

The rate and pace of abatement for holding period is different for determining the tax base for the income tax and social contribution.

The 25 percent reduction applies when determining the taxable base for both income tax and social levies.

However, in order to prevent companies from seeking financing from loan capital alone in order to reduce their tax base, tax law sets certain limits.

After the harmonisation of the VAT rates progress is slowly being made towards achieving a common tax base, notably with regard to business tax, in spite of reserve on all sides.

In this light, it is envisaged to give taxpayers an allowance for growth and investment according to which increases in a taxpayer's equity should be deductible from its taxable base subject to certain conditions.

In this light, it is envisaged to give taxpayers an allowance for growth and investment according to which increases in a taxpayer's equity should be deductible from its taxable base subject to certain conditions.

(23) 'consolidated tax base' means the consolidated net taxable revenue of the group members, as calculated on a consistent accounting basis applicable to all group members in accordance with Directive 2016/xx/EU;