Spain’s tax agency has published the Royal Decree 253/2025 in the Official State Gazette (BOE) on 1 April 2025.
The Decree brings substantial reforms to tax reporting obligations within the financial sector.
The changes update the RGAT (General Tax Regulations) regulations to account for new electronic payment services and methods provided by the national and international financial institutions. The updated regulations expand the list of affected institutions, introduce new reporting obligations, and, in some cases, change reporting frequency. The RGAT are aimed at improving the fight against tax fraud, the effectiveness of tax collection efforts, and providing taxpayer assistance.
The decree amends RGAT Articles 37 (reporting on accounts at financial institutions), 38 (reporting on loans, credit positions, and cash movements), and 38 bis (reporting on card payments and payments tied to mobile numbers).
The Royal Decree also introduces Article 38 ter (reporting on transactions using all types of cards). The Article 38 ter reporting obligation refers to the annual total of credits, debits, top-ups, cash withdrawals, and spending transactions in establishments, excluding cards with debits and credits that did not exceed EUR 25,000.
This Royal Decree will enter into force on the day following its publication in the Official State Gazette.
