Skip to content
V1333-14 ·19 May 2014 ·consulta-vinculante Medium impact
Tax

Investment deduction limit in Canary Islands applies to group's full share

A company asked whether the investment deduction limit in Canary Islands should apply to the permanent establishment's income or to the group's full share. The DGT confirms that the limit applies to the group's full share.

In 6 key points

How it affects those involved

The investment deduction cap in the Canary Islands fiscal regime is now clearly defined to apply to the group's full share rather than to individual establishment income.

Lifecycle

2014-05-19PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact