Minimum corporate income tax is revoked and replaced by minimum wealth tax starting from 2016. New corporate income tax measure will also apply to securitisation vehicles and SICARs that remained exempt from net wealth tax before 2016.
For entities with financial assets, receivables from related parties, transferable securities and cash at bank exceeding 90% of the total gross assets and EUR 350,000, the Minimum Wealth Tax will be EUR 3,210.
For all other companies subject to net wealth tax, the Minimum Wealth Tax will range between EUR 535 and EUR 32,100 based on progressive tax scale in accordance with balance sheet of the company.
|
Total gross assets |
Minimum Wealth Tax (including solidarity surcharge) |
|
<=EUR 350,000 |
EUR 535 |
|
>EUR 350,000 and <=EUR 2,000,000 |
EUR 1,605 |
|
>EUR 2,000,000 and <=EUR 10,000,000 |
EUR 5,350 |
|
>EUR 10,000,000 and <=EUR 15,000,000 |
EUR 10,700 |
|
>EUR 15,000,000 and <=EUR 20,000,000 |
EUR 16,050 |
|
>EUR 20,000,000 and <=EUR 30,000,000 |
EUR 21,400 |
|
>EUR 30,000,000 |
EUR 32,100 |
