f) Information to be provided in the personal income tax return

The maximum period to materialize the reserve for investments in the Canary Islands (RIC) is three years, by virtue of the provisions of article 27.4 of Law 19/1994, of July 6, modifying the Economic and Fiscal Regime of the Canary Islands.

This period of three years must be counted from the date of accrual of the tax corresponding to the year in which the provision (accounting) of the reserve occurs and said provision in the case of natural persons can be:

• at the close of the accounting year on December 31 of each year.

• in the year following that of obtaining the benefit.

The above determines that natural persons will have an effective period to materialize the reserve for investments in the Canary Islands of three or four years, depending on when they have made the accounting entry of the reserve provision (at the end of the year or in the year following). The design of the IRPF model responds to this duality (which does not happen in the case of Companies).

The information on provisions and materializations made in 2023 of the reserve for investments in the Canary Islands corresponding to the years 2018 to 2023 and anticipated investments of future provisions will be provided in accordance with the breakdown contained in the corresponding heading of Annex A.2 of the declaration of the following way:

Provisions and materializations made in 2023

• Boxes [1681], [0733], [0735], [0738 ], [0742] and [0746]

  The amount of the provisions corresponding to income obtained in the Canary Islands in the years 2018 to 2023 that have been allocated to the RIC will be indicated.

• Boxes [1682], [0734] [0789], [0792], [0794] and [0802]

  The year of the provision will be indicated (2018 to 2023) which, as mentioned before, may be at the end of the year in which the net operating income was obtained or in the following year.

• Boxes [1684], [0777], [0736], [0739], [0743] and [0747]

  The amount of the materializations made with charge to the previously declared allocation in the investments provided for in letters A, B, B bis and D 1 of article 27.4 of Law 19/1994 will be indicated.

• Boxes [1685], [0778], [0737], [0740], [0744] and [0748]

  The amount of the materializations carried out with charge to the previously declared allocation in the investments provided for in letters C and D 2 to 6 of article 27.4 of Law 19/1994 will be indicated.

• Boxes [0829], [0790], [0741], [0745] and [0749]

  The amount of each of the previously declared provisions that is pending materialization as of December 31, 2023 will be indicated.

Anticipated investments of future provisions to the reserve for investments in the Canary Islands, made in 2023

The information will be made according to the following breakdown:

• Box [0750].

  The amount of investments made in 2023 will be indicated for the early materialization of future provisions in those provided for in article 27.4. A, B, B bis and D 1, Law 19/1994.

• Box [0751].

  The amount of investments made in 2023 will be indicated for the early materialization of future provisions in those provided for in article 27.4. C and D 2 to 6, Law 19/1994.