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Spain Announces Additional Deferral of Initial Due Date for Financial Transactions Tax

|Approved Changes|Spain
Spain

The Spanish Tax Agency has issued a release announcing an additional deferral of the initial deadline for the new Financial Transactions Tax (FTT) in order to give taxpayers more time to adapt and implement required changes to comply with the newly created tax, which entered into force on 16 January 2021. The settlement period for the FTT is monthly, and the standard filing period is from the 10th to the 20th of the following month. For the first four months of 2021 (January, February, March…

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