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V1205-21 ·30 April 2021 ·consulta-vinculante Medium impact
Tax

Land investment not suitable for RIC without proper allocation

A dental professional in the Canary Islands asks whether the Canary Investment Reserve (RIC) can be used to purchase a commercial and residential building, along with renovations and machinery. The DGT responds that land investment does not meet the allocation requirement and that financing interest is excluded from materialisation.

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2021-04-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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