The Spanish Ministry of Finance published Royal Decree 634/2015 of 10 July 2015 in the Official Gazette on 11 July, 2015. The Decree contains corporate income tax regulations including (BEPS) country by country reporting requirements in line with the OECD/G20 recommendations on combating base erosion and profit shifting (BEPS).

The Royal Decree entered into force on the day following its publication in the Official Gazette and applies, as a general rule, from 1 January 2015. However, the country-by-country (CbC) reporting obligations will apply from 1 January 2016.

The draft law was published by the Ministry of Finance on March 18, 2015.