Due to the creation of new companies or expansion of the activity of recently created companies

Regulations: Art. 13 ter.One Consolidated text of the legal provisions of the Autonomous Community of Galicia on taxes transferred by the State, approved by Legislative Decree 1/2011, of July 28.

• Requirements for applying the deduction

  That among the assets or rights of economic content computed for the determination of the tax base there is any to which the deductions were applied in the autonomous integral quota of the IRPF relating to the creation of new companies or expansion of the activity of recently created companies, or investment in the acquisition of shares or social participations in new or recently created entities.

• Amount and maximum limit of the deduction

  • 75% of the portion of the share that proportionally corresponds to the aforementioned assets or rights.
  • The maximum deduction limit will be 4,000 euros per taxpayer.

• Loss of the right to the deduction made

  Failure to comply with the requirements set forth in the IRPF deductions will result in the loss of this deduction.

• Incompatibility

  This deduction will be incompatible with the remaining deductions except for the deductions "For the allocation of rural land to an agricultural holding and rural leasing" and "For the allocation of real estate in historic centres to economic activities".