Informative news
National
- Royal Decree 252/2025, of 1st of April, approves the Regulations governing the new Complementary Tax.
The Tax Agency announces the approval of the Regulations of the Complementary Tax, which guarantees a global minimum level of taxation for large multinational and national groups, in development of Law 7/2024. [+Info]
- The Tax Agency has published Royal Decree 253/2025, which introduces changes to tax reporting obligations, affecting authorised childcare centres and financial institutions in areas such as accounts, loans and card transactions. [+Info]
- The Tax Agency has published Royal Decree 254/2025, which extends the deadlines for companies to adapt their invoicing systems to the new technical requirements.
It establishes a deadline of the 1st of January 2026 for corporate taxpayers and 1st of July 2026 for all other taxpayers, thus facilitating their transition to the regulated computerised invoicing systems. [+Info]
- Royal Decree-Law 3/2025, of 1st of April. Incentives linked to electric mobility (MOVES III) for 2025.
In the tax sphere, the fifty-eighth additional provision on the deduction for the acquisition of ‘plug-in’ and fuel cell electric vehicles and recharging points is modified. [+Info]
International
- EFRAG publishes its Final Comment Letter on the Exposure Draft of the IFRS Foundation’s Due Process Manual Amendments. [+Info]
- The IFRS Foundation and the Task Force on Nature-related Financial Disclosures (TNFD) formalise their collaboration to provide the capital markets with quality nature-related information. [+Info]
CNMV Communications
- The CNMV (Comisión Nacional del Mercado de Valores) publishes the annual supervisory report on non-financial information of listed companies. [+Info]
Banco de España press releases
- The Banco de España reports that lending criteria remained stable in the first quarter of 2025, while the conditions applied were relaxed in most cases. [+Info]
Consultation of interest from the Tax Agency
- Subdirectorate General for Excise Taxes
A travel agency based in the Balearic Islands organises the transfer of tourists from the airport to their accommodation in the Canary Islands. To do so, it contracts local passenger transport companies in the Canary Islands to provide the service. The agency then invoices a UK-based tour operator for the transfer.
It is asked whether these transport services, provided by the travel agency to the UK operator, should be subject to Value Added Tax (VAT) and, if so, whether they could be exempt from VAT.
Binding consultation of the Directorate General for Taxation (Dirección General de Tributos) no. V1897-24. [+Info]
Barcelona, 24th of April 2025.
