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Practical Manual of Companies 2022.

Deduction for investments in West African territories and propaganda and advertising expenses (art. 27 bis Law 19/1994)

Entities subject to Corporate Tax with tax domicile in the Canary Islands whose net turnover in the immediately preceding tax period is equal to or less than 10 million euros and with an average workforce in said period of less than 50 people, will have the right to practice a deduction of 15 percent on the full quota for investments in West African territories and for propaganda and advertising expenses, in the terms established in article 27 bis of Law 19 /1994, of July 6, modifying the Economic and Fiscal Regime of the Canary Islands.

You can consult the particularities of this deduction in Chapter 12 "Tax regime of the Canary Islands" of this Practical Manual.