Madrid Province

100% general bonus

Regulations: Seventh transitional provision and art. 20 Consolidated Text of the Legal Provisions of the Community of Madrid regarding taxes transferred by the State, approved by Legislative Decree 1/2010, of October 21

Important: while the Temporary Solidarity Tax is in force of the Great Fortunes the general bonus of 100 percent of the P property tax rate established in article 20 of the Consolidated Text will not be applicable. Instead, the taxpayer may apply a regional bonus determined by the difference, if any, between the total amount of the tax itself, once the joint limit established in article 31 of Law 19/1991, of 6 December, has been applied. June, and the total full quota corresponding to the Temporary Solidarity Tax of the Great Fortunes, once the joint limit established in article 3. Twelve of Law 38/2022, of December 27, has been applied.

The 100 per 100 of the reduced quota. The amount corresponding to this bonus will be entered in box [50] of the declaration model. 

This bonus will not be applied if the resulting fee is zero.