Global Trade Alert
Global Trade Alert

Spain (Canary Islands): Continuation of tax exemption scheme to foster investments in 2021

Announcement

29 Dec 2020

In December 2020, the regional government of the Canary Islands, Spain, continued a tax incentive scheme to boost investments in the region. The Spanish authorities also assigned a new budget to the scheme. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2021

Revocation date:

31 Dec 2021

Updated: 29 Dec 2020
Tax or social insurance relief

On 29 December 2020, the regional government of the Canary Islands (Spain) approved the continuation of a tax exemption scheme to support business investments made in the Islands in 2021 with a dif...

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