Chapter 12. Canary Islands tax system

Entities that apply the Canary Islands tax regime, in addition to the provisions set forth in the general regulations of the Corporate Tax (see Chapter "Liquidation of Corporate Tax: Determination of the tax base» in Chapter 6 «Settlement of Corporate Tax: "Determination of tax debt" of this Manual relating to the liquidation of the Tax), must take into account the specialities developed below.

1. Deduction for investments in the Canary Islands
2. Canary Islands Investment Reserve
3. Rebates from the liability
4. Companies of the Canary Islands Special Zone (ZEC)