Spain has established an overall minimum tax of 15% for large multinational groups with revenues exceeding €750 million. The Law establishes a top-up tax for large multinational and domestic groups in Spain and closely follows the global minimum tax set out in the EU and OECD Pillar II Directive.
In our last ‘RSM Alert’ we tell you in detail about these new rules and how they will affect the implementation of this tax for companies.