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The cash-back or tax check is an alternative for those entities that cannot apply the deduction either due to insufficient quota (negative result in the Corporate Income Tax) or due to exceeding the joint limit of application of the deductions.

TAX CHECK FOR COMPANIES WITHOUT QUOTA

This instrument allows to request the return of 80% of the deduction generated to the Tax Administration, or to apply this amount directly to the payment of the Corporate Income Tax without any limit.

It offers the possibility of benefiting more directly from these tax incentives, accelerating the return period of the investment in R&D&I.

Under the previous legislation, those companies whose deductions exceeded the established limit could apply them over the following 18 years, but always up to the limits of the quota established by the tax laws, which considerably delayed the time it took for them to become liquid. 

With the cash back, they will also be able to advance part of the deduction generated, favoring the liquidity of the company.

Requirements

  • The deduction could not have been applied during one year.
  • To have a binding Reasoned Report
  • Maintain staff
  • Reinvest the applied or paid deduction

LIMITS

  • Applicable to commercial group
  • In general: €1 million for IT and €3 million for R&D&I.
  • Exceptionally for companies whose investment in R&D exceeds 10% of the net turnover for the year: 1 million euros for IT and 5 million euros for R&D&I.

WOULD YOU LIKE TO BENEFIT FROM THIS TAX CHECK?

WHY TRUST IN EURO-FUNDING

Our professionalism offers us a wide variety of cases in the tax treatment of companies studied, having achieved numerous cases of success in reducing their tax burden. We have a multidisciplinary team of architects, engineers, lawyers and economists, coming from tax collection bodies of different competent entities and other private sectors and distributed in our offices in A Coruña, Barcelona, Bilbao, Madrid, Seville and Valencia.

Certificates

 

At Euro-Funding we have developed our own Integrated Management System consisting of: ISO 9.001 Quality, ISO 14.001 Environmental, ISO 50.001 Energy Management and Information Security Management 27.001.

 

 

We subscribe to the United Nations Global Compact in the areas of human rights, labour, environmental protection and anti-corruption, complying with the ten principles of the Compact, as set out in its Code of Ethical Conduct. 

 

 

 

We have been calculating and registering our Carbon Footprint in the Registry of the current Ministry for Ecological Transition and Demographic Challenge since 2014, maintaining a constant reduction of emissions.

 

 

We have the seal awarded by the Generalitat de Catalunya through ACCIÓ. It identifies professionals with the most suitable profile to offer personalised and expert support to companies through ACCIÓ’s aid programmes. 

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