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138699 - TAX REGIME OF THE CANARY ISLANDS. TYPE AND LIMIT OF DEDUCTION FOR FIXED ASSETSIn accordance with the provisions of Article 94 of Law 20/1991, of June 7, in the case of the deduction for investments in fixed assets new ones in the Canary Islands will be applicable the deduction rate of 25 percent.
148444 - TAX PERIOD: YEAR OF CONSTITUTION AND SUBSEQUENT YEARSA company that is incorporated on April 23 of a given year, and whose statutes stipulate that its fiscal year will coincide with the calendar year, the year of its constitution It will have a short tax period that will have as its date It starts on April 23rd and ends on December 31st. In the following years The tax period will comprise the calendar year, that is, Its start date will be January 1st and its end date will be December 31st.
148449 - TAX REGIME OF THE CANARY ISLANDS. APPLICABLE REGULATIONS FOR THE DEDUCTION OF THE ACQUISITION OF FIXED ASSETSAccording to Supreme Court Judgment 2022/2024, of April 10, 2024, the regulations that must be applied to the deduction for investments made in the Canary Islands regulated in article 94 of Law 20/1991, of June 7, concerning the acquisition of fixed assets is the collection in theArticle 26 of Law 61/1978, of December 27, on Corporate Income Tax.
148450 - TAX REGIME OF THE CANARY ISLANDS. REQUIREMENTS FOR DEDUCTION ON THE ACQUISITION OF FIXED ASSETSThe details are provided requirements which must be met in order to apply the deduction for the acquisition of fixed assets in the Canary Islands.
148451 - TAX REGIME OF THE CANARY ISLANDS. JOINT LIMIT FOR DEDUCTION OF INVESTMENT IN FIXED ASSETSIt details how it operates the joint limit of the deduction for investments in new fixed assets in the Canary Islands.