Issues to take into account when settling the Tax in 2023
We inform you of the main news for the 2023 Companies Campaign.
Special Economic and Fiscal Regime of the Canary Islands
With effect for tax periods beginning on or after January 1, 2023, Law 31/2022, of December 23, introduces the following modifications in relation to the special regime of the Canary Islands Special Zone (hereinafter, ZEC):
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In letter c) of article 42.1 of Law 19/1994 is established for taxpayers who carry out trade operations of goods to the referred to in letter a) (ii) of section 1 of article 44 of said Law, the obligation to subscribe quarterly informative declaration of operations with goods carried out outside the ZEC where it will be made record the origin and destination of the goods, the type of goods, quantity and other required information, in accordance with the Union customs code and other applicable regulations. They must also keep records of the corresponding customs documentation.
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A new wording is given to article 44 of Law 19/1994 for the purposes of determining the part of the tax base of the ZEC entity that, for the purposes of applying the special tax rate, is derived from the operations carried out materially and effectively in the geographical scope of the ZEC.
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article 50 bis is added to the Regulations for the development of Law 19/1994 , approved by Royal Decree 1758/2007, of December 28, to establish in relation to the determination of the part of the tax base corresponding to operations carried out effectively and materially in the geographical scope of the ZEC in which cases the aircraft are considered to contribute to improving the connections of the Canary Islands.