Spain has introduced following tax relief measures in response to the COVID-19 pandemic.
- The filing of tax returns, or pleas, derived from tax proceedings, is extended to 1 June 2020 (provided that the filing by electronic means is not allowed).
- The filing of February tax returns, derived from tax proceedings, and whose filing must be done electronically, is extended to 14 April 2020.
- Suspension of tax proceedings from 16 March to 1 June 2020. No interest for late payment would be accrued between 16 March to 1 June 2020. A 25% reduction in real estate tax is provided for properties used for leisure, hotel, restaurant, and retail purposes; and
- A 25% reduction in business activities tax is provided for businesses in leisure and restaurant sectors, travel agencies, and retail and shopping centers.
- Small and medium-sized businesses (SMEs) with a trading volume of €6 million or less may defer the payment of tax amounts due not exceeding €30,000 for up to six months, with no interest penalties to be applied during the first three months.
