Spain
The tax measures approved by the State Budget Act for 2022 affect corporate income tax and personal income tax
Key aspects
The General State Budget Act for 2022 introduces significant tax measures affecting corporate income tax and personal income tax in Spain.
> Specifically, regarding corporate income tax, the act approves a minimum tax liability.
> As for personal income tax, new amendments are made to the tax and financial system governing individual and company contributions to social welfare systems.