Registration in the Canary Islands

At the time of the first registration of the means of transport, the procedures to be carried out are similar to those carried out in the Iberian Peninsula and Illes Balears, but with tax rates, for the different headings a point lower than those generally applicable in these areas.

When this means of transport through which the tax has been accrued in the Canary Islands is definitively introduced in the peninsula E Illes Balears, within the first year following the execution of the taxable event, the holder must self-settle and pay the corresponding instalments to the difference between the tax rate applicable in the Autonomous Community of the Canary Islands and the rate applicable in the Autonomous Community in which it is the object finally, on a gross tax base, which will be constituted by the value of the means of transport at the time of introduction.

The provisions of the previous paragraph of this paragraph shall not apply when, in relation to the means of transport covered by the introduction, the tax in the Canary Islands has been required, applying a tax rate not less than that in force in the Autonomous Communities of mainland Spain or in the Community of Lill Les Balears for this means of transport at the time of introduction.

Warning: Settlements and self-assessments that may be made by virtue of the introduction of the means of transport from the Canary Islands, as described above, will not be required in the case of transfer of the residence of the holder of the means of transport to the territory in which, as the case may be, the final import or the definitive introduction take place. The application of the provisions of this section is conditional on the fulfilment of the following requirements:

1. Interested parties must have had their usual residence in the Canary Islands, at least for the consecutive months prior to the transfer.

2. The means of transport must have been acquired under the normal tax conditions in the Canary Islands, and must not have benefited from any exemption or refund as a result of their departure from that territory.

3. The means of transport must have been used by the person concerned in their former residence for a minimum period of six months before leaving this residence.

4. The means of transport referred to in this paragraph shall not be transmitted within twelve months of the import or introduction. Failure to comply with this requirement will determine the practice of the corresponding settlement or self-assessment with reference to the moment when such non-compliance occurs.