COVID-19: Spain announces several tax measures
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
See MoreSpain: Cabinet approves a draft bill for digital services tax (DST)
On 18 February 2020, the Spanish Cabinet reportedly approved a draft bill for the introduction of a digital services tax (DST). A 3% DST will be applicable for large companies whose respective groups have revenue of at least EUR 750 million
See MoreSpain launches a public consultation on DAC6 reporting requirements
On 21 October 2019, the Spanish Ministry of Finance has launched a public consultation on the draft regulation approving the model forms to be used in the context of the implementation of Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on
See MoreSpain releases corporate income tax return form for FY 2018
On 17 May 2019, Spain published Order HAC/554/2019 of 26 April 2019 in the Official Gazette approving the corporate income tax and non-resident income tax returns corresponding to permanent establishments and entities under the regime of
See MoreSpain introduces law on digital service tax
On January 25, 2019, a bill on the digital service tax was published in the law sheet of the Spanish legislature. If adopted, it is expected that the bill will be applied in the second half of 2019. The digital services tax would apply to taxpayers
See MoreSpain publishes national budget for 2019
The state budget bill (the Budget Bill) for fiscal year 2019 was published on 16 January 2019 in the Spanish Parliament Official Gazette. The Budget Bill, which was adopted by the Spanish Council of Ministers on 11 January 2019, will now follow the
See MoreIMF report comments on Spain’s fiscal position
On 19 November 2018, the International Monetary Fund (IMF) issued a report following consultations with Spain under Article IV of the IMF articles of agreement. In Spain the real GDP growth is expected to decrease to 2.5% percent in 2018 and to
See MoreSpain issues amending CIT return and CbC reporting forms
On 14 September 2018, Spain published Order HAC/941/2018 of 5 September 2018 in the Official Gazette. Orders modified the regulate Form 202 (split payment of Corporation Tax and Income Tax for Non-Residents permanent establishments
See MoreSpain publishes budget act of year 2018
On 4 July 2018, the Spanish Government published Law 6/2018 (the Budget Law 2018) in the Official Journal. The law implementing the fiscal measures from the fiscal year 2018 entered into force on 5 July 2018. Budget contains changes to the patent
See MoreSpain meets most of the elements of the action 14 minimum standard
As per the third batch of peer review reports published by the OECD, Spain meets most of the elements of the Action 14 minimum standard. In the next stage of the peer review process, Spain’s efforts to address any shortcomings identified in its
See MoreOECD: Third round of peer reviews on dispute resolution mechanisms
On 12 March 2018 the OECD released the third round of peer reviews relating to improving tax dispute resolution mechanisms to make them more timely, relevant and effective. Action 14 of the action plan on base erosion and profit shifting (BEPS) was
See MoreSpain amends the CbC reporting rules to align with EU Directive
On 30 December 2017, Royal Decree 1074/2017 amending the corporate tax rules and other provisions was published in the Official Journal. Royal Decree 1074/2017 amends, among other things, the Spanish CbCR rules in order to better align them with EU
See MoreSpain: Council of Ministers approves the amendment of several tax regulations
On 29 December 2019, the Council of Ministers approved a Royal Decree-Law to extend and approve various tax measures and other urgent measures on social issues, which provides for the coefficients to update cadastral values for 2018. The Decree
See MoreQatar: DTA with Spain will enter into force on February 6, 2018
The Double Taxation Agreement will be entered into force on February 6, 2018, between Qatar and Spain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. It will be applicable from January 1,
See MoreSpain and Romania sign an agreement to avoid double taxation
On 18 October 2017, the Double Taxation Agreement (DTA) between Spain and Romania was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Bucharest. Once in force and effective, the
See MoreSpain: Council of Ministers authorizes to sign DTA with Romania
On 13 October 2017, the Council of Ministers of Spain authorized to sign a Double Taxation Agreement (DTA) with Romania. Once in force and effective, the new treaty will replace the existing DTA of
See MoreSpain: Cabinet approves the DTA with Finland
On 6 October 2017, the Cabinet of Spain approved the Double Taxation Agreement (DTA) with Finland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty
See MoreSpain: Congress of Deputies approves the DTA with Finland
On 17 October 2017, the Spanish Congress of Deputies approved the Double Taxation Agreement (DTA) with Finland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective,
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