64 bis

The Provincial Council of Alava has made an amendment to the provincial regulations (it was published in the BOTHA of December 13, 2019 and came into force on January 1, 2020) and a new article, 64 bis, is introduced regarding participation in research and development or technological innovation projects.

Taxpayers of this Tax or Non-Resident Income Tax operating through a permanent establishment, who participate in the financing of research, development or technological innovation projects, carried out by other taxpayers of said Taxes, that meet the requirements established in articles 62 to 64 of this Norma Foral in order to generate the right to the deductions established therein, shall be entitled to make a deduction from the net tax liability under the conditions and with the requirements established in this article, which shall be totally or partially incompatible with the deductions to which those other taxpayers would be entitled by application of the provisions of the aforementioned precepts.