Box 00029 Special system Canary Islands
This box will be checked by those entities to which the Special tax regime of the Canary Islands applies. In particular, entities that practice the bonuses referred to in articles 26 and 76 of Law 19/1994, of July 6, modifying the Economic and Fiscal Regime of the Canary Islands, entities that apply the deductions for investments in the Canary Islands regulated in said Law 19/1994, as well as entities that have provided the reserve for investments in the Canary Islands regulated in article 27 of the aforementioned normative text, and have the right to a reduction in the tax base for this concept or, where appropriate, have failed to comply with the requirements that gave the right to this reduction in previous tax periods and must integrate into the tax base of the tax period subject to declaration the reduction in the tax base improperly practiced. Entities that apply the special regime of the Canary Islands Special Zone (ZEC) regulated in articles 28 and following of Law 19/1994, of July 6, must also tick this box.
This box must be checked whenever any of the sections of form 200 relating to the reserve for investments in the Canary Islands or the deductions for investments in the Canary Islands provided for in Law 20/1991, of June 7, modifying the fiscal aspects of the Economic Fiscal Regime of the Canary Islands and in Law 19/1994, of July 6, modifying the Economic Fiscal Regime of the Canary Islands, are completed, as they are regulated in the special regulations of the Canary Islands and the Information on tax benefits is required by the European Commission.