Deduction for investment in companies of new or recent creation
Regulations: Articles 68.1 and Additional Provision thirty-eighth.2 Law PIT
The deduction for investment in newly or recently created companies is introduced in the PIT with the aim of promoting the acquisition by newly created or newly created companies of equity capital from taxpayers who, in addition to financial capital, wish to contribute their business or professional knowledge to the development of the company in which they invest (local investor or "business angel"), or also from those taxpayers who are only interested in providing capital (seed capital).
The highlights of this deduction are as follows: