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Form 100. Personal Income Tax Declaration 2018

10.11.10. By investment in shares of entities listed in the segment of expanding companies of the Alternative Stock Market

Taxpayers may deduct 15% of the amounts invested during the year in the acquisition of shares as a result of capital increase agreements signed through the expanding companies segment of the Alternative Stock Market , approved by agreement of the Council of Ministers on December 30, 2005.

The calculated deduction will be prorated equally in the year in which the investment is made and in the three following years.

MAXIMUM LIMIT OF THE DEDUCTION:

The deduction will have a limit of 4,000 euros . The total deduction calculated will be prorated equally in the year in which the investment is made and in the three following years.

REQUIREMENTS:

  1. The participation obtained by the taxpayer in the company object of the investment cannot exceed 10% of its share capital.

  2. The shares acquired must be maintained in the taxpayer's assets for a period of at least three years.

  3. The company object of the investment must have its registered office and tax address in Galicia, and must not have as its main activity the management of movable or real estate assets, in accordance with the provisions of article 4.8.Dos.a) of the Law, of the State, 19/1991, of June 6, on wealth tax.

The requirements indicated in letters a) and c) above must be met for a period of at least three years, counting from the date of acquisition of the participation.

The operations in which the deduction is applicable must be formalized in a public deed in which the identity of the investors and the amount of the respective investment must be specified.

INCOMPATIBILITY:

This deduction will be incompatible, for the same investments, with deductions for the creation of new companies or the expansion of the activity of recently created companies and for investment in the acquisition of shares or participations in new or recently created entities.

FAILURE TO COMPLY WITH THE REQUIREMENTS:

Failure to comply with the above requirements entails the loss of the tax benefit, and the taxpayer must include in the tax return corresponding to the year in which the failure occurred the part of the tax that was not paid as a result of the application of the deduction. practiced, together with the accrued default interest.

COMPLETION: A data capture window will open in Annex B6 in which you must indicate the amount paid in previous years with the right to deduction. The program will transfer the amounts from Annex B6