The corporation tax assessed for taxpayers' subject amounted to just over Euro 37.8 billion in 2019. It was by 3.5 % lower than in 2018. 93 % of all taxpayers' subject to unlimited tax liability.
Enterprises with an adjusted gross income of Euro 1 million or more, which are just 5 % of all taxpayers' subject to unlimited tax liability with assessed corporation tax, accounted for 80 % of the assessed corporation tax.
Corporation tax statistics of 2019 contain data on a total of 1,354,056 enterprises (excluding integrated companies). 96 % of them are subject to unlimited tax liability, just under 1.4 % are subject to limited tax liability and reached almost 3 % are tax-exempt/subject to partial tax liability. The number of enterprises subject to unlimited tax liability rose by just under 3 % since 2018. In 2019, 94 % of the enterprises subject to unlimited corporation tax liability were financial corporations. The number of integrated companies amount to 34,623 which was an increase of 2 % compared with 2018 (33,898 integrated companies).
The question of what is considered as income of corporations and how the income should be determined is governed by the provisions of the Income Tax Act. In addition, specific provisions of the Corporation Tax Act are relevant. In corporation tax statistics, enterprises are divided into profit and loss cases.
Among the taxpayers subject to unlimited tax liability, 448,253 had a negative adjusted gross income (loss cases) totalling minus Euro 75.8 billion. 847,672 enterprises had an adjusted gross income of 0 or over (profit cases), which totalled Euro 271 billion. That was 3.4 % less than in 2018. The average positive adjusted gross income per enterprise, too, decreased from Euro 338,594 in 2018 to Euro 320,086 in 2019.
Losses that are not offset in the reference year can be carried over to the following years in accordance with tax law to offset them later. At the end of 2019, the enterprises subject to unlimited corporation tax liability carried over losses totalling Euro 702 billion. The level of carry-forward losses therefore increased by more than 3 % compared with 2018 (Euro 680 billion).
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