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Practical Handbook for Companies 2021

Scope

Regulation:Article 27.1 Law 19/1994

  1. The following taxpayers can apply the RIC:

    1. Taxpayers who have their domicile in the Canary Islands, or who do not have one, operate in the Canary Islands through a permanent establishment.

    2. The entities not resident in Spanish territory, when operate in the Canary Islands through permanent establishment, for the income obtained through it.

    3. Entities whose main activity is the provision of financial services or the provision of services to entities belonging to the same group of companies under the terms of article 18.2 of the LIS, when they materialise the provision in any of the initial investments referred to in article 6 of Royal Decree 1758/2007, of 28 December, approving the Regulations implementing Law 19/1994, of 6 July (see also article 2 of these Regulations).

  2. The part of the profit obtained in shipbuilding, synthetic fibres, the car industry, the iron and steel industry and the coal industry is not eligible for the RIC scheme, so that the reduction cannot be applied to that part of the profit (paragraph 3 of the eleventh additional provision of Law 19/1994 of 6 July 1994).

  3. The application of the RIC is conditional upon compliance with the Community guidelines on State aid to the agriculture, forestry, fisheries and aquaculture and transport sectors (fourth to sixth additional provisions of Royal Decree-Law 12/2006 of 29 December 2006).

  4. Para los períodos impositivos que se inicien a partir de 7 de noviembre de 2018, se establece que, con efectos desde el 1 de enero de 2015, la aplicación de la RIC solo cuando se materialice en inversiones que no tengan la consideración de iniciales, así como la de los beneficios fiscales que tengan la consideración de ayudas regionales al funcionamiento establecidos en el Libro II y en el artículo 94 de la Ley 20/1991, en la Ley de la Comunidad Autónoma de Canarias, 4/2014, de 26 de junio, en el artículo 26 y en el Título V de la Ley 19/1994, y en la disposición adicional duodécima de la Ley 43/1995, de 27 de diciembre, así como las ayudas al transporte de mercancías comprendidas en el ámbito del Real Decreto 362/2009, de 20 de marzo y de la Orden de 31 de julio de 2009 del Consejero de Obras Públicas y Transportes del Gobierno de Canarias, estarán sujetas al límite del 30 por ciento del volumen de negocios anual del beneficiario obtenido en las Islas Canarias.