The definitive Canary Islands free zone regime

Journal
Author
Juan y Ledesma, Á. de
Country
Canary Islands; Spain
Published Date
Issue
European Taxation 2000 (Volume 40), No. 12
FormatPDF
EUR
45
| USD
50 (VAT excl.)

This note describes the definitive ZEC regime which was approved by Royal Decree Law 2/2000 of 23 June 2000 applicable as of 25 June 2000. The new regime is the result of negotiations with the European Commission to make the regime compatible with EU tax harmonization goals.