Businesses affected by La Palma volcanic eruption: zero IGC rate from 1 January 2026

The Decree-Law 7/2025 extends the application period of the zero-rate of the Canary General Indirect Tax (IGC) to operations related to the volcanic eruption in La Palma, effective from 1 January 2026. This change benefits businesses and operators involved in eruption-related activities, reducing their tax burden during this period. The modification is based on Additional Provision 6 of the consolidated text approved by Decree-Law 1/2025, dated 13 October, and published in BOC No. 254, dated 24 December 2025.