Japan's Ministry of Finance has announced that the new income tax treaty with Spain will enter into force on 1 May 2021. The treaty, signed 16 October 2018, replaces the 1974 tax treaty between the two countries.
Taxes Covered
The treaty covers Japanese income tax, corporation tax, the special income tax for reconstruction, and local corporation tax. It covers Spanish income tax on individuals, corporation tax, and income tax on non-residents.
Residence
If a company is considered resid…