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Form 100. Personal Income Tax Declaration 2018

9,8,4. Special regime for investments in the Canary Islands

In accordance with the provisions of article 94 of Law 20/1991, of June 7, modifying the fiscal aspects of the Economic and Fiscal Regime of the Canary Islands, investments that are made and remain in the Canary Islands, made by persons Individuals who carry out economic activities in the Canary Islands can benefit from the general deduction regime, but subject to specific percentages and limits, which will be applied independently of those applicable to investments under the general regime.

Thus, the rates applicable to investments made will be 80 percent higher than those of the general regime, with a minimum differential of 20 percentage points; and the maximum deduction limit will always be 80 percent higher than that set for the general regime, with a minimum differential of 35 percentage points.

  1. Outstanding balances from previous years
  2. Deductions for fiscal year 2018
  3. Acquisitions of fixed assets (25% deduction)