Spain: Spanish Government approves second round of tax measures aimed at reducing the public deficit
Real Estate Tax Services Newsalert ()
During their four months in power, the Spanish Government has passed a number of budget, labour law, administrative, tax and financial measures mainly aimed at decreasing the current public deficit and improving the competitiveness of the Spanish economy. Now the Cabinet has passed a second round of tax measures in connection with Corporate Income Tax, Individual Income Tax, Non-Resident Income Tax, and Tax on the Increase in Value of Urban Land. The following is a summary of the key elements that may be of interest for investors in the Spanish real estate industry.
