Tax benefit changes

Law 20/2023 of May 17 and Law 21/2023 of May 25 have introduced changes to several tax benefits. In this publication, we summarize the main changes, which concern the:

• Patent box regime;
• Elimination of certain tax benefits relating to the corporate income tax assessment result adjustment;
• Tax incentive for company capitalization;
• Exemption applicable to compensation relating to relocating abroad;
• Regime on external loans and lease income from imported equipment;
• Intermediate value-added tax rate on diesel;
• Tax incentive for purchasing startup shares; and
• Tax Incentive System for Business R&D (SIFIDE).