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Practical Manual of Companies 2022.

Deductions to encourage certain activities

Entities with tax domicile in the Canary Islands have the right to apply the deductions regulated in Chapter IV of Title VI of the LIS for the investments made and that remain in the Canary Islands , with the specialties included in article 94 of Law 20/ 1991, of June 7, modifying the fiscal aspects of the Fiscal Economic Regime of the Canary Islands, consisting of the application of some percentages and deduction limits increased with respect to those established in the General Regime of deductions.

  1. Special cases
  2. Scope of application of the specialities
  3. General aspects of increased limits. Examples
  4. Deductions to encourage certain activities that apply in the Canary Islands