23 Mar 2020

It has been published today, 23rd March, in the Official Canarian Bulletin (BOC) the following:

• The first quarterly IGIC payment that would have been due on 20th April has been deferred to the 1st June 2020.

• The presentation period for Transfer Tax and Inheritance/Gift tax corresponding to the taxable event that occurs during the State of Alarm has been extended by two months. However if the taxable event took place before the state of alarm, then the presentation period has been extended by just one month.

• The period to present a census declaration to communicate the commencement, modification or termination of an activity has been extended to the 1st June.

• Any debt that has been fractioned with the Canarian Tax Authorities, embargoes and demands have been suspended until the 30th April 2020.