Spain consults crypto-asset reporting framework
The Spanish Ministry of Finance and Public Administration has initiated a public consultation on a draft bill to implement EU Directive 2023/2226 (DAC8), which which integrates the OECD’s crypto-asset reporting framework (CARF) into the regulatory
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Spain: Council of Ministers approve crypto-asset reporting framework
The Spanish Council of Ministers approved a draft bill to implement the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) DAC8 – which integrates the OECD's crypto-asset reporting framework (CARF) into the
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Spain implements new rules for VAT self-assessment corrections
The Spanish Boletín Oficial del Estado (BOE) published Order HAC/819/2024, dated 30 July, which introduces necessary changes to VAT form 303 for implementing self-assessment corrections in VAT on 5 August 2024. Order HAC/819/2024, of 30 July,
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Spain, Paraguay tax treaty enters into force
The Spain and Paraguay tax treaty will enter into force on 14 October 2024. Signed on 25 March 2023, the treaty will generally take effect on 14 October 2024 for other taxes and on 1 January 2025 for taxes assessed both on and off a fiscal year
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Spain announces 2023 VAT refund deadline
Companies in Spain can claim value-added tax (VAT) refunds paid in other EU countries during 2023 until 30 September, 2024. This process can be completed through the Spanish tax authority’s website. Similarly, EU companies not established
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Spain amends capitalisation reserve
Spain’s government issued Royal Decree-Law 4/2024 on 26 June 2024, in which it introduced various corporate tax measures for tax periods starting on 1 January, 2024. The key corporate tax measure related to the regulations governing
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Spain extends VAT cuts on essential food products
Spain’s Ministry of Finance announced in a release on Tuesday, 25 June 2024, that the Spanish Council of Ministers approved a Royal Decree-Law which extends the VAT rate reduction for basic food Items. The reduced rates were initially set to
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Spain issues corporate and nonresident income tax forms for 2023
Spain’s Ministry of Finance has issued Order HAC/495/2024 in the official gazette (BOE), detailing the corporate income tax (CIT) and nonresident income tax (NRIT) return forms alongside associated refund or payment documents for tax periods
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Spain parliament publishes draft bill for pillar two global minimum tax implementation
On 14 June 2024, Spain’s Congress of Deputies published the draft bill for implementing the Pillar 2 global minimum tax under Council Directive (EU) 2022/2523 of 14 December 2022. The bill includes the introduction of the Pillar Two income
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Spain confirms end of tax treaty with Kyrgyzstan
Spain’s Council of Ministers, through a statement, convened and approved an agreement recognising Kyrgyzstan's notice of termination of the 1985 tax treaty between Spain and the former Soviet Union on 11 June, 2024. This agreement was signed in
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Spain, Paraguay ratifies pending tax treaty
Paraguay announced in the Official Gazette the ratification of its pending income tax treaty with Spain on 29 May, 2024. Signed on 25 March, 2023, this treaty – double taxation agreement (DTA) – is the first between the two countries. It
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Spain completes BEPS MLI procedures for tax treaty with Armenia
Spain, in an updated OECD notification published on 31 May, 2024, announced that it confirmed completing procedures for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) with
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Spain approves draft bill for Pillar Two global minimum tax implementation
Spain's Council of Ministers, on 4 June, 2024, passed the draft bill for implementing the Pillar Two global minimum tax under Council Directive (EU) 2022/2523 of 14 December 2022. The bill includes the introduction of the Pillar Two income
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Spain: CJEU rules regional excise duty on hydrocarbons breach EU directive on energy and electricity
The Court of Justice of the European Union (CJEU), on 30 May, 2024, delivered its judgement regarding the compatibility of the regional excise duty on hydrocarbons in Spain, from 2013 to 2018, under the harmonised excise legislation. The CJEU has
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Spain publishes synthesized text of tax treaty with Armenia under BEPS MLI
Spain's Ministry of Finance has released the synthesized text of the tax treaty with Armenia providing clarifications regarding the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit
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Spain conducts second public consultation on global minimum tax implementation
Spain’s Ministry of Finance is conducting a second public consultation on the implementation of the Pillar 2 global minimum tax under Council Directive (EU) 2022/2523 of 14 December 2022. The consultation is set to conclude on 31 May,
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Spain: Lower House approves tax treaty with Paraguay
The Spanish Congress of Deputies (the lower house of parliament) passed the law to ratify the pending income tax treaty with Paraguay on Tuesday, 23 May, 2024. Signed on 25 March, 2023, this tax agreement is a first between the two nations. It
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Spain initiates consultation on draft bill on Pillar Two global minimum tax
The Spanish government released draft legislation to implement the OECD’s Pillar Two global minimum tax under the EU Minimum Tax Directive 2022/2523 on 19 December, 2023. The Directorate-General for Taxation is now inviting comments from taxpayers
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