Informative news
Regional
- The Catalan Government and the Spanish Government agree on the fundamentals of the new unique financing model for Catalonia in the context of the reform of the regional financing system. [+Info]
The Catalan Government and the Spanish Government commit to developing the Catalan Treasury and promoting legal reforms that will enable the Catalan Tax Agency (ATC) to gradually take over the management of Personal Income Tax, with the possibility of extending the agreement to other taxes in the future.
- Informative declaration forms. [+Info]
Order HAC/747/2025 [+Info] of 27th of June, approving various informative declaration forms, was published in the Official State Gazette (BOE) on the 15th of July.
- The Institute of Accounting and Auditing (ICAC) website has published a statement on the update of the IFRS (International Financial Reporting Standards for June 2025. [+Info]
- The Constitutional Court has admitted for consideration the question of unconstitutionality No. 3631-2025 on several provisions of the Consolidated Text of the Law on Property Transfer Tax and Stamp Duty.
Specifically, Articles 10.2, 10.3, 10.4 and 46.1 are being challenged. [+Info]
- The Tax Agency launches an operation against tax fraud in 15 Autonomous Communities, focusing on companies that use ‘dual-use software’. [+Info]
International
- The International Accounting Standards Board (IASB) held its regular meeting in July 2025 to discuss progress on international financial reporting standards and ongoing regulatory projects. [+Info]
- The IFRS Foundation has developed separate modules, one for each section of the IFRS Accounting Standard (International Financial Reporting Standards) for SMEs. [+Info]
Bank of Spain Communications
- Corporate and household debt fell to 106.1% of Gross Domestic Product (GDP) in the first quarter of 2025, five points below the level recorded a year earlier. [+Info]
Queries of interest from the Tax Agency
- Subdirectorate General for Consumption Taxes
The father of the person making the query has a recognised disability of 75% and officially certified reduced mobility. Given that neither he nor his spouse have a driving licence, it is expected that their children will drive the vehicle they intend to purchase to meet their father’s transport needs. The question arises as to whether the reduced rate of 4% Value Added Tax (VAT) is applicable to this purchase.
Binding consultation from the Directorate General of Taxation No. V0072-25. [+Info]
- Sub-Directorate General for Consumption Taxes
The consultant is a commercial company that has purchased land classified as developable and sectorised, located in an area where the development works corresponding to the main infrastructure, including streets and roads for the sector as a whole, have already been carried out.
It requests clarification on whether the transfer of said land is subject to Value Added Tax and, if so, whether any exemption is applicable under current regulations.
Binding consultation of the Directorate General for Taxation No. V0081-25. [+Info]
Barcelona, 28th of July 2025.
