New tax measures approved in Spain for 2022 and 2023

Spain
The final weeks of 2022 have been used by the legislature to pass many tax measures
that are relevant for both domestic and foreign investors
New tax measures approved in Spain for 2022 and 2023
View document
December 28, 2022
  • Approval and effects of the Multilateral  Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“MLI”), which amends double tax treaties.

  •  New taxes for companies: energy sector, financial sector, and minimum global taxation.

  •  Wealth taxes: minimum top-up tax and indirect ownership.

  •  Special limits in the Spanish tax consolidation regime.

  •  New tax regime for carried interest.

  •  Extension of impatriate regime’s scope.

  •  Amendments to several value-added tax (“VAT”) rules.

  •  New special tax regime for the Balearic Islands.
View document
December 28, 2022