Spanish tax measures in the area of energy for 2022
On Dec. 22 Royal Decree 29 / 2021 has passed new regulations in the area of energy to foment electric mobility, self- consumption and the deployment of renewable energies. In relation to electric mobility, these regulations focus on one of the most critical aspects...
The new local gains tax – “Plusvalía Municipal”
On Oct. 26, the Spanish Constitutional Court published the Informative Note 99 / 2021 which declared the unconstitutionality and nullity of the articles of the Law regulating Local Treasury that established an objective method to determine the taxable basis for the...
New Spanish tax measures for FY 2022
The main tax measure introduced by the Draft of the Spanish General Budget Law (2022 Draft) is, with no doubt, the minimum Corporate income tax rate of 15%, of which we informed about in our last post. However and based on the actual wording of the Draft, we would...
The minimum 15% Corporate income tax in Spain
A major reform of the international tax system finalised on Oct. 08 at the OECD to ensure that Multinational Enterprises (MNEs) pay a fair share of tax whenever they operate and generate profits and that they will be subject to a minimum 15% tax rate from 2023....