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V0492-18 ·22 February 2018 ·consulta-vinculante Medium impact
Tax

Certain intangible assets may qualify for the Canary Islands Investment Reserve under provision C

A company sought clarification on whether various intangible assets (software, websites, management systems) were eligible to realise the Canary Islands Investment Reserve (RIC). The Directorate-General for Taxes (DGT) ruled that while these do not qualify as initial investment, they can realise the reserve under provision C of Article 27.4 of Law 19/1994.

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2018-02-22PublishedPublished 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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