Rebates on the full amount of the tax liability

The entities that apply these bonuses will first mark box [00029] “Special Canary Islands regime” on page 1 of form 200.

Next, in box [00581] “Shipping company bonuses in the Canary Islands (art. 76 Law 19/1994)” on page 14 of form 200, the reporting entity will enter the sum of the bonuses in the quota to which, if applicable, you are entitled, among the bonuses regulated in article 76 of the Law 19/1994, of July 6, provided that its application is not excluded due to incompatibility with the receipt of some State aid or conditioned by the corresponding community guidelines or its enjoyment is prevented until the aid is reimbursed of the State perceived and declared legal and incompatible with the common market (see Additional Provision twelfth of Law 19/1994, of July 6, the third to sixth additional provisions of Royal Decree-Law 12/2006 , of December 29 and the first and second additional provisions of Royal Decree-Law 15/2014 , of December 19) .

1. Bonus of article 76.1 of Law 19/1994

This bonus will be applied in the following terms:

• Bonus percentage: 90 percent.

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

• Subsidized income: The portion of the amount of this tax resulting after making, where applicable, deductions for double taxation, which corresponds to the part of the tax base that is applicable in the exploitation carried out by shipping companies related to the regular services referred to in the previous paragraph.

2. Rebate under Article 76.2 of Act 19/1994

This bonus will be applied in the following terms:

• Bonus percentage: 90 percent.

• Entities to which it applies: Shipping companies that have ships registered in the Special Registry of Ships and Shipping Companies referred to in article 73.1 of Law 19/1994.

• Subsidized income: The portion of the amount of this tax resulting after making, where applicable, deductions for double taxation, which corresponds to the part of the tax base that comes from the exploitation carried out by the vessels registered in said Special Registry.

3. Limitation on the application of these bonuses

As established in article 76.3 of Law 19/1994, when the part of the tax base that comes from the performance of activities closely related to maritime transport exceeds the part of the tax base resulting from the activities that generate the right to the application of the special regime, the quota corresponding to said excess may not be subject to a bonus .

This limitation applies to each of the vessels whose exploitation generates the right to the bonus.