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Practical Handbook for Companies 2021


They are entitled to this deduction:

  • Entities that meet the requirements established in article 108 of RDLeg. 4/2004 and are taxed in accordance with the scale of taxation provided for in Article 114 of the said regulation.

  • Entities taxed in accordance with the tax scale provided for in the twelfth additional provision of RDLeg.4/2004.

A tener en cuenta:

The application of this deduction is incompatible with the application of the freedom of depreciation, with the deductions to encourage the performance of certain activities, with the deduction for investments regulated in Article 94 of Law 20/1991, of 7 June, amending the tax aspects of the Canary Islands Economic and Fiscal Regime, and with the Reserve for investments in the Canary Islands regulated in Article 27 of Law 19/1994, of 6 July, amending the Canary Islands Economic and Fiscal Regime.