9.8.2.2.1. Common standards

Joint maximum limit

The deduction limits apply to the amount resulting from reducing the sum of the full state and regional amounts by the total amount of the deductions for investment in habitual housing, the deduction for investment in new or recently created companies and for actions for the protection and dissemination of the Spanish Historical Heritage and the World Heritage. The amount of the deductions, excluding the deduction for expenses incurred in the execution of a foreign production of feature films or audiovisual works, may not jointly exceed 25%.

However, this limit is raised to 50% when the amounts of the deductions for scientific research and technological innovation activities that correspond to expenses and investments made in the tax period itself exceed 10% of that same quota.

When there are outstanding balances from previous years, the applicable limit will be applied to the deductions for the year and to the balances from previous years.

These limits are calculated and applied by the program.

Amounts not deducted

The amounts corresponding to the tax period not deducted for exceeding the maximum limit may be applied, respecting the same limits, in the liquidations of the tax periods that conclude in the next fifteen years.

However, the amounts corresponding to the deductions for scientific research and technological innovation activities and for the promotion of information and communication technologies may be applied in the liquidations of the tax periods that end in the immediate and successive eighteen years.

Maintaining investment

Assets subject to the deductions provided for in Articles 35 to 39 of the Corporate Income Tax Law must remain in operation for five years, or three in the case of movable property, or for their useful life if this is less.

The deducted amount, in addition to late payment interest, will be paid together with the corresponding fee for the tax period in which non-compliance with this requirement is manifested.

One-time deduction for investment

The same investment may not give rise to the application of the deduction to more than one person or entity.

Completion

The calculation of deductions for business investment is not performed by the program.

For the purposes of completion, a data capture window will open for each deduction in which you must provide the amount of the deduction, not the investment , and the amount you wish to apply, the latter may be lower if you do not wish to apply the entire amount in the 2019 declaration.

The program will apply the amount provided as long as it does not exceed the established maximum limits. If the indicated amount exceeds the applicable limit, the latter will apply.