Common standards

1. Limits

   The deduction limits apply to the quota resulting from reducing the sum of the full state and regional quotas in the total amount of deductions for investment in new or recently created companies and for actions for the protection and dissemination of Spanish Historical Heritage. and World Heritage.

   The amount of deductions for the different types of investment may not jointly exceed 25% of the aforementioned quota.

   However, the limit will be raised to 50% when the amount of deductions for R&D and technological innovation activities and the deduction for investments in film productions, audiovisual series and live performances of performing and musical arts that correspond to expenses and investments made in the tax period itself, exceed 10% of the aforementioned quota.

   The amount of the deduction applied by the taxpayer who participates in the financing provided for in art. 39.7 of the LIS will be taken into account for the purposes of applying the joint limit of 25%. However, this limit will be raised to 50% when the amount of the deduction provided for in articles 36.1 and 3 of the LIS that corresponds to the taxpayer who participates in the financing is equal to or greater than 25% of their full quota reduced in the deductions to avoid international double taxation and bonuses.

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

   The limits are calculated and applied by the program.

2. Amounts not deducted

   The amounts corresponding to the tax period not deducted because they exceed the maximum limit may be applied, respecting the same limits, in the settlements of the tax periods that end in the immediate and subsequent fifteen years.

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

3. Investment maintenance

   The assets subject to the deductions provided for in articles 35 to 39 of the Corporate Tax Law must remain in operation for five years, or three if they are movable assets, or during their useful life if shorter.

   In the case of cinematographic productions and audiovisual series, this requirement will be understood to have been met to the extent that the production company maintains the same percentage of ownership of the work during the period of 3 years, without prejudice to its power to fully or partially commercialize the rights of exploitation derived from it to one or more third parties. 

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

4. Single investment deduction

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