For amounts allocated by their owners to the restoration, rehabilitation or repair of real estate declared of cultural interest
Regulations: Art. 6 Consolidated text of the current legal provisions issued by the Autonomous Community of the Canary Islands regarding transferred taxes , approved by legislative Decree 1/ 2009, April 21.
Amount and requirements for applying the deduction
10 percent of the amounts allocated by the owners of real estate located in the territory of the Canary Islands for the restoration, rehabilitation or repair of the same, provided that the following conditions are met:
That the assets are registered in the Canary Islands Registry of Assets of Cultural Interest or affected by the declaration of Asset of Cultural Interest as long as the properties meet the requirements determined by regulation.
That the restoration, rehabilitation or repair works have been authorized by the competent body of the Autonomous Community or, where appropriate, by the corresponding island council or town hall.
Deduction maximum limits
The amount of this deduction may not exceed 10 percent of the full regional quota, box [ 0546 ] of the statement.
In addition, the sum of the amount of this deduction together with that of the regional deductions "For investment in habitual residence", "For energy rehabilitation works of the habitual residence" and "For works to adapt the habitual residence for people with disabilities" may not exceed 15 percent of the full regional quota.