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V0418-16 ·3 February 2016 ·consulta-vinculante Medium impact
Tax

Certain real estate investments may qualify for the Canary Islands Investment Reserve under specific conditions

A tourism company in the Canary Islands has requested clarification on whether purchasing land, constructing premises, renovating properties, or buying used commercial premises qualifies for the Canary Islands Investment Reserve (RIC). The Directorate General for Taxes (DGT) examines whether these operations constitute initial investments or fall under other categories defined by Canary Islands regulations.

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Lifecycle

2016-02-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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