Losses for corporate income tax purposes can be carried back for one year, limited to a total loss amount of EUR one million.
Losses can be carried forward with no time restriction. Up to an amount of EUR one million loss carry-forward is possible - free from any restrictions. For sums in excess of EUR one million, at least 40 percent of the taxable income must remain subject to taxation. In other words, a maximum 60 percent of taxable earnings exceeding EUR one million can be offset against incurred losses.You can find this fragment in the following contexts: