Phase 2: Determination of reduced net income

Regulation : See Annex I and instruction 2.2 of the aforementioned Annex I Order HFP /1359/2023 , of December 19 ( BOE of December 21)

The determination of the reduced net income is the result of deducting from the previous net income determined in phase 1 above the amounts corresponding to the concepts discussed below:

1. Reduction for the acquisition of agricultural diesel: 35 percent
2. Reduction for fertilizer acquisition: 15 percent
3. Amortization of tangible and intangible assets (except forestry activities)