Deductions not applied in the year due to insufficient quota

Regulations: Fourth transitional provision Law 19/1994, of July 6, modifying the Economic and Fiscal Regime of the Canary Islands

With effect from January 1, 2015, the fourth transitional provision of Law 19/1994 was modified by Royal Decree-Law 15/2014, of December 19, modifying the Economic and Fiscal Regime of the Canary Islands ( BOE of December 20), to establish that the amounts not deducted (including the balances of deductions pending application as of January 1, 2015) can be applied, respecting the limits that apply, in the settlements of the tax periods that conclude in the immediate and successive 15 years .