Deduction for expenses and investments of forestry companies (fifth and thirteenth additional provisions of Law 43/2003)

1. Scope

This deduction may be applied by forestry companies in force since October 20, 2015 and defined in the Fifth Additional Provision of Law 43/2003 , of November 21, on Forests, as those groups of owners of plots susceptible to forestry use that transfer to said companies the rights of forestry use indefinitely or for a fixed period equal to or greater than twenty years.

2. Amount of deduction

The Thirteenth Additional Provision of the aforementioned Law 43/2003 establishes that these forestry companies may deduct from the total Corporate Tax rate 10 percent of the expenses or investments they make in the tax period in the conservation, maintenance, improvement, protection and access to the forest .