8.2.2 Regulation of the deduction for reinvestment of extraordinary profits

Transitional provision 24.7 of the LIS and article 42 of the RDLeg . 4/2004 (or, where applicable, article 36 ter of Law 43/1995) regulate the deduction for reinvestment of extraordinary profits.

According to the provisions of the twenty-fourth transitional provision in its seventh section, the income eligible for the deduction for reinvestment of extraordinary profits provided for in article 42 of the RDLeg. 4/2004, as amended in force for tax periods beginning before January 1, 2015, shall be governed by the provisions therein and its implementing regulations, even when the reinvestment and other requirements occur in tax periods beginning on or after January 1, 2015.