BASQUE COUNTRY: Can it apply any discount in the IAE?

If your company invoices more than one million euros per year, in Araba and Gipuzkoa, or two million in Bizkaia, and therefore must pay the Tax on Economic Activities (IAE), check in the tax regulations of your municipality if you are entitled to any discount and, if so, apply for it (these are discounts that must be requested). Here are some of the main municipal discounts:

Increase in staff

Some municipalities establish discounts in case the average number of permanent workers has increased compared to the previous year.

Start of activity

In addition to the exemption applicable in the IAE during the first 2 years of activity, numerous localities apply a discount of up to 50% of the fee after this exemption period has elapsed.

Environment

There are also usually discounts for companies that reduce energy consumption and pollution (by using alternative energies, by carrying out the activity far from urban areas, by establishing a transportation plan for workers...).

Losses

There are municipalities with discounts for companies that have incurred losses.

 

Our professionals will guide you on the tax benefits applicable in the IAE and in any other tax that affects your business.