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Practical manual for Income Tax 2023.

For investments made in entities listed on the alternative stock market

Regulations: Art. 17 Text Consolidated legal provisions of the Community of Madrid on taxes transferred by the State, approved by Legislative Decree 1/2010, of October 21

Amount and maximum limit of the deduction

  • 20% of the amounts invested in the year in the acquisition of shares corresponding to capital increase processes or public offering of securities, in both cases through the expansion segment of the Alternative Stock Market approved by the Council of Ministers Agreement of December 30, 2005 .

  • The maximum deduction limit is 10,310 euros.

Requirements for applying the deduction

  • That the shares or interests acquired are held for at least two years .

    This deduction will apply to those investments eligible for deduction that are made after February 23, 2010.

  • That the participation in the entity to which the shares or participations correspond does not exceed 10% of the share capital during the two years following the acquisition thereof.

  • The company in which the investment is made must have its office and tax domicile in the Community of Madrid for the next two years, and its main activity must not be the management of movable or immovable assets, in accordance with the requirements established in article ) of Law 19/1991, of June 6, on the Wealth Tax.

Incompatibility

This deduction will be incompatible, for the same investments, with the deduction "For investment in the acquisition of shares and corporate interests in new or recently created entities" discussed above.

Note: Taxpayers entitled to the deduction must complete the section "Additional information on the regional deduction of Aragon, Galicia, Madrid or Murcia for investments in entities listed on the Alternative Stock Market" in Annex B.8 of the declaration in which, in addition to the amount of the investment entitled to deduction, the NIF of the entity must be stated and, if applicable, that of the second entity, indicating the total amount of the deduction for investments in entities listed on the Alternative Stock Market in the corresponding box.