News update

Regional

• Council for Productivity and Economic Leadership in Catalonia established. [+Info]

National

• Labour Market and Pensions in Tax Sources. [+Info]

The statistics on ‘Labour Market and Pensions in Tax Sources’ published by the Tax Agency offer a detailed overview of employment, unemployment and pensions in Spain, also including information on withholdings and income linked to employment earnings. The data is organised in an accessible and comparative manner according to criteria such as territory, activity and company size, as well as by gender and age of the recipients.

• The Spanish Association of Tax Advisors (AEDAF) asserts that in the fight against tax fraud, the fundamental rights of taxpayers must be guaranteed at all times. [+Info]
• The current tax consultation system jeopardises legal certainty. [+Info]

AEDAF warns that the current tax consultation system leaves taxpayers ‘highly vulnerable’ due to the lack of short deadlines, effective remedies and predictable interpretative criteria, and proposes a comprehensive reform of the consultation system.

• AEDAF calls for rigour and responsibility in tax management, emphasising that the misuse of public revenue undermines public confidence and weakens the tax system. [+Info]
• Verifactu: Regulations on invoicing systems and programmes. [+Info]

International

• The International Accounting Standards Board (IASB) has published amendments to IAS 21 to clarify how financial statements in an inflationary currency should be translated. [+Info]
• EFRAG (European Financial Reporting Advisory Group) has published its October update, which brings together the main developments and advances in European financial reporting. [+Info]

Bank of Spain communications

• Bank of Spain’s Autumn 2025 Financial Stability Report. [+Info]
• The Bank of Spain reveals that cash remains the main means of payment in physical establishments, although it shows a decline compared to the previous year, while the use of mobile devices as an alternative is on the rise. [+Info]

Query of interest to the Tax Agency

• Deputy Directorate-General for Consumption Taxes

The consulting entity is an association that brings together various entrepreneurs in the insurance sector who, being subject to Immediate Information Sharing (SII), physically issue invoices for transactions carried out for them by their suppliers. The question arises as to whether the obligations set out in Royal Decree 1007/2023 of 5th of December, which regulates the requirements to be met by computer or electronic systems and programmes used in invoicing processes by business owners and professionals, as well as the standardisation of invoicing record formats, are applicable to the members of this association.

Binding consultation of the Directorate-General for Taxation No. V0061-25. [+Info]

Barcelona, 25th of November 2025.