Skip to main content
Practical Handbook for Companies 2021

Rebates on the full amount of the tax liability

Entities applying these allowances shall first tick box [00029] "Régimen especial Canarias" on page 1 of form 200.

Then, in the box [00581] "Allowances for shipping companies in the Canary Islands (art. 76 Law 19/1994)" on page 14 of form 200, the declaring entity shall enter the sum of the allowances in the quota to which it is entitled, if applicable, among the allowances regulated in article 76 of Law 19/1994, of 6 July, provided that its application is not excluded due to incompatibility with the receipt of certain State aid or conditioned by the corresponding Community guidelines or its use is prevented until the repayment of the State aid received and declared legal and incompatible with the common market (see additional twelfth provision of Law 19/1994 of 6 July, the dis

1.Rebate under Article 76(1) of Law 19/1994

Will be applied this rebate in the following terms:

  • Bonus percentage: 90 per cent.

  • Entities to which it applies: The companies of the ships that are assigned to regular services between the Canary Islands and between the Canary Islands and the rest of the national territory, as long as these ships cannot be registered in the Special Register of Ships and Shipping Companies referred to in Article 73.1 of Law 19/1994.

  • Subsidised income: The portion of the tax liability resulting after any deductions for double taxation corresponding to that part of the taxable amount corresponding to the operation by shipping companies of the scheduled services referred to in the preceding paragraph.

2.Rebate under Article 76(2) of Law 19/1994

Will be applied this rebate in the following terms:

  • Bonus percentage: 90 per cent.

  • Entities to which it applies: Shipping companies with vessels registered in the Special Register of Ships and Shipping Companies referred to in Article 73.1 of Law 19/1994.

  • Subsidised income: The portion of the tax liability resulting after any deductions for double taxation corresponding to the part of the tax base deriving from the operation of the vessels entered in the Special Register.

3.Limitation on the application of these rebates

According to Article 76.3 of Law 19/1994, when the part of the tax base resulting from activities closely related to maritime transport exceeds the part of the tax base resulting from the activities that generate the right to apply the special regime, the tax liability corresponding to this excess may not be subject to a rebate.

This limitation applies in respect of each vessel whose operation gives rise to entitlement to the bonus.