Author: César Acosta Criado
The Reserve for Investments in the Canary Islands can be materialized in residential housing for rental
10/07/2025
This expansion of the investment possibilities of the RIC is carried out with the declared purpose of overcoming the housing emergency situation in the Canary Islands. Since the modification introduced in Article 27 of Law 19/1994, of 6 July (amending the Economic and Fiscal Regime of the Canary Islands), by Royal Decree-Law 12/2006, of 29 […]
The Supreme Court definitively resolves which regulation governs the deduction for new fixed assets in the Canary Islands
09/10/2024
The Supreme Court has concluded that the regulation governing the deduction for new fixed assets in the Canary Islands is Article 26 of the 1978 Corporate Income Tax Law and not, contrary to what the tax administration and majority jurisprudence have been defending, the 12th Additional Provision of the 1995 Tax Law. The Law 61/1978, […]