Deduction for investments in West African territories and expenditure on propaganda and advertising (Article 27 bis Law 19/1994)

Entities subject to Corporate Tax with tax domicile in the Canary Islands whose net turnover in the immediately preceding tax period is equal to or less than 10 million euros and with an average workforce in said period of less than 50 people, will have the right to apply a 15 percent deduction on the full amount for investments in West African territories and for advertising and publicity expenses, under the terms established in article 27 bis of Law 19/1994, of July 6, amending the Economic and Tax Regime of the Canary Islands.

You can consult the specific details of the application of these deductions in Chapter 12 "Tax regime of the Canary Islands" of this Practical Manual.