News updates
Regional
• The Spanish Tax Agency (AEAT) and the Catalan Tax Agency (ATC) have signed an agreement to jointly manage vehicle registration tax. [+Info]
• The Government of Catalonia has approved a package of urgent measures to respond to the economic and health impact caused by African swine fever. [+Info]
National
• The Official State Gazette (BOE) has published an order containing regulatory amendments aimed at updating tax information relating to reporting obligations. [+Info]
• Ministerial order introducing various amendments to form 347, annual information return on transactions with third parties, and form 190, annual information return on withholdings and payments on account of Personal Income Tax (IRPF). [+Info]
• Articles 32 of the Personal Income Tax Regulations and 37 of the VAT Regulations stipulate that the application of the objective assessment method and the special simplified regime is subject to the determination of activities by the Ministry of Finance. In this context, Order HAC/1425/2025 of 9th of December has been published, the purpose of which is to specify, for the 2026 financial year, the activities to which these regimes are applicable, in compliance with the provisions of the aforementioned regulations. [+Info]
• December’s 2025 magazine “Tax and Economic News” by Morera Asesores & Auditores. [+Info]
• The Supreme Court rectifies its doctrine and establishes that the Administration cannot derive subsidiary tax liability without first exhausting all options against those who may be jointly and severally liable. [+Info]
International
• The International Accounting Standards Board (IASB) publishes its December 2025 update, summarising its monthly meeting and the latest episode of its podcast, which addresses cash flow statements, amendments to IAS 28 on the fair value option and the 2025 review, and changes to the IASB’s work plan. [+Info]
• EFRAG (European Financial Reporting Advisory Group) calls for greater interoperability in the SASB amendments (proposed amendments to the Sustainability Accounting Standards Board Standards) proposed by the ISSB (International Sustainability Standards Board). [+Info]
• The IASB (International Accounting Standards Board) proposes a new accounting model to better reflect how financial institutions manage interest rate risk in their portfolios. [+Info]
Query of interest from the Tax Agency
• Deputy Directorate-General for Excise Duties
The querent states that his father has a recognised disability of 75% and reduced mobility. In order to meet his needs, the purchase of a vehicle to be used by his children is being considered, as neither parent drives. They also indicate that no vehicle has been purchased in the last four years. They are considering the possibility of applying the reduced rate of 4% Value Added Tax on the purchase of the vehicle.
Binding consultation from the Directorate-General for Taxation No. V0072-25. [+Info]
Barcelona, 23rd of December 2025.
