Registration in the Canary Islands

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

When this means of transport for which the tax has been accrued in the Canary Islands is introduced, on a definitive basis, into the peninsula and the Balearic Islands, within the first year following the occurrence of the taxable event, the holder must self-assess and pay the amounts corresponding to the difference between the tax rate applicable in the Autonomous Community of the Canary Islands and the rate to be applied in the Autonomous Community in which it is introduced on a definitive basis, on a taxable base that will be constituted by the value of the means of transport at the time of introduction.

The provisions of the previous paragraph of this section shall not be applicable when, in relation to the means of transport that is the object of the introduction, the tax has already been required in the Canary Islands with the application of a tax rate not lower than that in force in the peninsular Autonomous Communities or in the Balearic Islands for said means of transport at the time of the introduction.

WARNING: The settlements and self-assessments that are due by virtue of the introduction of the means of transport from the Canary Islands as described above, will not be required in cases of transfer of the residence of the owner of the means of transport to the territory in which, as the case may be, the definitive import or definitive introduction takes place. The application of the provisions of this section is subject to compliance with the following requirements:

1. Interested parties must have had their habitual residence in the Canary Islands for at least twelve consecutive months prior to the move.

2. The means of transport must have been acquired under the normal tax conditions existing in the Canary Islands, and must not have benefited from any exemption or refund on leaving said territory.

3. The means of transport must have been used by the interested party at his or her former residence for a minimum period of six months before leaving said residence.

4. The means of transport referred to in this section shall not be transferred within twelve months of importation or introduction. Failure to comply with this requirement will result in the corresponding liquidation or self-assessment being carried out with reference to the time at which said non-compliance occurred.