Canary Islands extends zero VAT for those affected by La Palma volcano
11 May 2026Effective: 23 Dec 2025158 views
Who is affected:
Those affected by the La Palma volcano, reconstruction companies and self-employed workers in Canary Islands
Summary
The period of application of the zero tax rate of IGIC in operations related to the volcanic eruption of La Palma is extended. This means continuing without indirect tax on purchases and services linked to reconstruction.
Detailed analysis
PRO
Decree-law 7/2025 of Canary Islands extends the application of the zero rate of the General Indirect Tax of Canary Islands (IGIC) for operations related to the volcanic eruption of La Palma. This fiscal measure allows acquisitions of goods and services linked to the reconstruction and recovery of the affected area to b…
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Decreto-ley 7/2025, de 23 de diciembre, de ampliación del período de aplicación del tipo cero del Impuesto General Indirecto Canario a determinadas operaciones relativas a la erupción volcánica en la isla de La Palma.
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