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V1375-21 ·13 May 2021 ·consulta-vinculante Medium impact
Tax

No specific means of proof required to demonstrate a property has not been used for the RIC

A company in the Canary Islands inquired whether a declaration in the sale deed stating that a premises has not been used to implement the Canary Islands Investment Reserve (RIC) is sufficient. The Directorate-General for Tax (DGT) responded that proving the seller did not benefit from the RIC is a matter of fact that must be established by any means permitted under the law.

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2021-05-13PublishedPublished 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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