Recently the Spanish tax authorities published a communication announcing the submission of a model country-by-country (CbC) reporting form (231). The form has not yet been approved.

Under the Spanish corporate income tax regulations any entity or entities resident in Spain forming part of a group with a turnover of at least EUR 750 million must communicate to the tax authorities the jurisdiction of residence and the entity required to comply with country-by-country (CbC) reporting.

This communication must be submitted before the tax year ends (i.e. 31 December 2016). The tax authorities have produced a model form to comply with this obligation on an individual or aggregated basis. The form can be found on the official website of the tax authorities. The CbC report must be filed no later than 12 months after the tax year has finished (i.e. 31 December 2017). A draft model form 231 to comply with CbC reporting is underway.