The Canary Islands Tax Agency, in view of the frequent questions from taxpayers in recent days, recalls that the deadlines for submitting certain declarations and self-assessments have been extended until June 1, in accordance with the orders approved in this regard by the Ministry of Finance, Budgets and European Affairs of the Government of the Canary Islands.
Specifically, the extension includes quarterly IGIC forms for the first quarter of 2020 (quarterly forms 412, 417, 420, 421 and 422), and the deadline for submission is extended until June 1 or until May 27 if the payment method is by direct debit. This extension does not affect taxable persons who are required to file monthly (large companies, special group of entities regime or those registered in the Monthly Refund Register).
It also includes census declarations (forms 400 and 401), extending until June 1 the deadline for submitting the census declaration of commencement, modification and cessation, when the deadline date occurs during the period of the state of alarm.
With respect to the Tax on Patrimonial Transfers and Documented Legal Acts (forms 600, 620, 610, 615 and 630) and the Tax on Successions and Donations, in the form of Donations (form 651), the deadline for submission is extended by two more months for self-assessments corresponding to taxable events accruing during the period of the state of alarm. For taxable events occurring prior to the state of alarm and whose deadline for submitting the corresponding self-assessment occurs during the period of the state of alarm, the extension of the deadline for submitting the self-assessment will be one month from the end of the state of alarm.
With regard to the Inheritance and Gift Tax in the form of Inheritance (forms 660-650, 652 and 653), the deadline for submission is extended by two more months when the deadline for submitting self-assessments occurs during the period of the state of alarm.
Another measure adopted by the Ministry of Finance to mitigate the consequences of the suspension of the opening to the public of numerous activities as a result of COVID-19 consists of the establishment of adjustments in the calculation of the quarterly fee for the first and second quarters of 2020 for certain activities that are taxed under the simplified IGIC regime, activities whose taxation is not linked to the actual volume of operations and whose calculation has not taken into account the reduction in income caused after the unforeseeable closure to the public.
In this way, the quarterly fee for taxpayers under the simplified IGIC regime, with the exception of those listed in point 2 of article 2 of the Order of March 31, will be adjusted taking into account that the calendar quarter is considered incomplete by discounting the days of validity of the state of alarm.
Likewise, the payment period for tax debts derived from imports of goods into the Canary Islands in the deferred payment modality has been extended by thirty calendar days, with respect to those debts whose payment deadline occurs between April 1 and 30.
