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Practical Income Manual 2021.

General deduction regime table (Law 27/2014, of November 27, on Corporate Tax)

Deductions to provide incentives to perform certain activities: investment modalitiesPercentage of deductionJoint limit
General deduction regime (Law 27/2014, of November 27, on Corporate Tax)
For investment in research and development activities and technological innovation (art. 35 LIS ) In research and development activities (art. 35.1 LIS ) 25/42/8 per 100 17 per 100 (additional) 25/50 per 100
In technological innovation activities (art. 35.2 LIS ) 12 per 100
For investments in cinematographic productions, audiovisual series and live performing arts and musical shows (art. 36 LIS ) In Spanish productions of feature films and audiovisual series (art. 36.1 LIS ) 30/25 per 100
In foreign productions of feature films or audiovisual works -due to the execution expenses incurred in Spanish territory- (art. 36.2 LIS ) 30/25 per 100 (excluded from the joint limit)
In live performances of performing and musical arts - production and exhibition expenses - (art. 36.3 LIS ) 20 percent
By investment in benefits of the old art. 37 LIS Consolidated Text (DT24 LIS ) 10/5 per 100
For job creation for workers with disabilities (art. 38 LIS ) 9,000 /12,000 euros person/year

Note: Investments made during the year by entities under the income attribution regime (civil companies that are not taxpayers of Corporate Tax, existing inheritances, communities of property, etc.) that determine their net returns in direct estimation, in either of their two modalities, may be subject to deduction by each of the partners, heirs, community members or participants in proportion to their participation in the entity's results.