10.11.10. By investment in shares of entities listed in the segment of expanding companies of the Alternative Stock Market
Taxpayers may deduct 15% of the amounts invested during the year in the acquisition of shares as a result of capital increase agreements signed through the expanding companies segment of the Alternative Stock Market , approved by agreement of the Council of Ministers on December 30, 2005.
The calculated deduction will be prorated equally in the year in which the investment is made and in the three following years.
The deduction will have a limit of 4,000 euros . The total deduction calculated will be prorated equally in the year in which the investment is made and in the three following years.
The participation obtained by the taxpayer in the company object of the investment cannot exceed 10% of its share capital.
The shares acquired must be maintained in the taxpayer's assets for a period of at least three years.
The company object of the investment must have its registered office and tax address in Galicia, and must not have as its main activity the management of movable or real estate assets, in accordance with the provisions of article 4.8.Dos.a) of the Law, of the State, 19/1991, of June 6, on wealth tax.
The requirements indicated in letters a) and c) above must be met for a period of at least three years, counting from the date of acquisition of the participation.
The operations in which the deduction is applicable must be formalized in a public deed in which the identity of the investors and the amount of the respective investment must be specified.
This deduction will be incompatible, for the same investments, with the deductions for investment in the acquisition of shares or stakes in new or recently created entities, for investment in the acquisition of shares or stakes in new or recently created entities and their financing and by investment in shares of entities listed in the segment of expanding companies of the alternative stock market and by investment in agricultural companies and agricultural cooperative societies or community exploitation of the land.
Non-compliance with requirements
Failure to comply with the above requirements entails the loss of the tax benefit, and the taxpayer must include in the tax return corresponding to the year in which the failure occurred the part of the tax that was not paid as a result of the application of the deduction. practiced, together with the accrued default interest.
You must indicate the amounts invested in each year with the right to deduction. In the case of marriage, and if the investment is common to both, 50% must be entered in the declaration of each spouse.
It will have to reflect the NIF of the entity in which you make the investment.
The program will transfer the amount to Annex B7