Chapter 12. Canary Islands tax system

Entities that apply the Canary Islands tax regime, in addition to the provisions provided for in the general Corporate Tax regulations (see Chapter 5 «Corporate Tax Settlement: Determination of the tax base» Chapter 6 «Settlement of Corporate Tax: Determination of the tax debt" of this Manual relating to the settlement of the Tax), must take into account the specialties that are developed below.

1. Deduction for investments in the Canary Islands
2. Canary Islands Investment Reserve
3. Rebates from the liability
4. Companies of the Canary Islands Special Zone (ZEC)