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Practical Manual for Companies 2021.

Scope

The following are entitled to this deduction:

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

  • Entities that pay taxes in accordance with the tax scale provided for in the Twelfth Additional Provision of the Royal Decree-Law. 4/2004.

Keep in mind:

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