Deductions to encourage certain activities
Entities with tax domicile in the Canary Islands have the right to apply the deductions regulated in Chapter IV of Title VI of the LIS for the investments made and that remain in the Canary Islands , with the specialties included in article 94 of Law 20/ 1991, of June 7, modifying the fiscal aspects of the Fiscal Economic Regime of the Canary Islands, consisting of the application of some percentages and deduction limits increased with respect to those established in the General Regime of deductions.