Deduction for research and development and technological innovation activities
Article 35 of the LIS establishes a deduction in the full quota for carrying out research and development and technological innovation activities, for whose calculation the amount of research and development expenses must be taken into account. development and, where appropriate, investments in elements of tangible and intangible assets, excluding buildings and land. Letter b of section 1 states that the research and development expenses that are included in the base of the deduction must correspond to activities carried out or amounts paid to carry out said activities in Spain or in any Member State of the EU or the European Economic Area. The same wording is included in section 2.b) for technological innovation expenses.
Therefore, as of January 1, 2021, the expenses assumed by the different Spanish entities that pay Corporate Tax as a result of research and development and technological innovation activities in the United Kingdom will not count towards the calculation of the base. deduction for carrying out this type of activities.