When the time comes for companies to present their accounts, it's important to remember that there are some tax incentives which, if certain legal requirements are met, make it possible to reduce the amount of tax to be paid to the State. One of these incentives is the Tax Incentive Scheme for the Capitalisation of Companies.
This tax scheme aims to encourage the capitalisation of companies, using equity, through the possibility of deducting from taxable profit an amount corresponding to the average of the 12-month Euribor rate in the tax period in question, plus a spread of 2%, to the amount of the net increases in eligible equity realised in a given tax period.
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