2. Deduction for the installation of charging infrastructure

Regulations:Fifty-eighth Additional Provision. 3 and 4 Law Personal Income Tax

Temporal scope of the deduction and requirements for its application

The deduction is applicable to the amounts paid by taxpayers from on June 30, 2023 to on December 31, 2024, for the installation during said period of battery recharging systems for electric vehicles that meets the following conditions:

• The installation must be carried out in a property owned by the taxpayer .

  These include both installations in parking lots for single-family homes or a single property, as well as parking lots or collective parking lots in buildings or real estate complexes under condominium ownership in which the taxpayer is a co-owner.

• The facility n or may be affected by an economic activity.

  Note: In the event that after the installation the battery charging systems are affected by an economic activity, the right to the deduction made will be lost.

• Installation must be completed by December 31, 2024.

  To apply the deduction you must have the authorizations and permits established in current legislation .

  See in this regard Royal Decree 1053/2014, of December 12, which approves a new Complementary Technical Instruction (ITC) BT 52 "Installations for special purposes. Infrastructure for recharging electric vehicles", of the Electrotechnical Regulation for low voltage, approved by Royal Decree 842/2002, of August 2, and other complementary technical instructions are modified.

Tax period in which the deduction is applied

The deduction will be made in the tax period in which the installation ends, which cannot be later than 2024.

When the installation ends in a subsequent tax period to that in which amounts were paid for such installation, the deduction will be made in the latter taking into account consideration the amounts paid from June 30, 2023 to December 31 of said tax period.

Base and maximum base of the deduction

1. Basis of deduction

   The basis of the deduction will be constituted by the amounts paid, by credit or debit card, bank transfer, nominative check or deposit into accounts in credit institutions, to the people or entities that carry out installation.

   However, those amounts that, where applicable, would have been subsidized through a public aid program will be deducted.

   Keep in mind that if the deduction is made in the corresponding personal income tax return, the subsidy is granted and the subsidized amounts correspond to amounts that have formed part of the basis of the deduction, the tax situation must be regularized so that they are not included in the base of the deduction the amounts corresponding to said subsidy (with the maximum annual deduction base as a limit).

   To do this, in accordance with article 59 of the Personal Income Tax Regulations, the amount of the deduction improperly made will be added to the state's net quota of the personal income tax return corresponding to the year in which the subsidy was granted.

   Note: In no case will amounts paid through deliveries of legal tender give the right to deduct.

   For these purposes, the amounts paid for the installation of the charging systems will be considered as those necessary to carry it out, such as, the investment in equipment and materials, expenses their installation and the works necessary for their development

2. Maximum deduction base

   The maximum annual base of this deduction will be 4 ,000 euros

   This limit is identical in individual and joint taxation

Percentage of deduction

The applicable deduction percentage based on the deduction, in the terms previously mentioned, is 15 per 100 of the amounts paid for the installation of battery recharging systems for electric vehicles.