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

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

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

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

• in the year following the year in which the profit is obtained.

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

Information on provisions and materialisations made in 2023 of the reserve for investments in the Canary Islands corresponding to the years 2018 to 2023 and early investments of future provisions will be provided in accordance with the breakdown contained in the corresponding section of Annex A.2 of the declaration as follows:

Allocations and materializations carried out in 2023

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

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

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

  The amount of the materializations made against 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.

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

  The amount of the materializations made against 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.

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

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

Early investments of future allocations to the reserve for investments in the Canary Islands, made in 2023

The information will be provided according to the following breakdown:

• Box [0750].

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

• Box [0751].

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