Spain has published Royal Decree-Law 11/2022 of 25 June 2022 in the Official Gazette. Among other things, the Decree-Law provides for the implementation of a further extension of temporary tax cuts for electricity, including a reduction in the VAT rate to 5% on qualifying electricity supplies (further reduced from 10%), the suspension of the 7% tax on the value of electricity generation, and the reduction of the special electricity tax from 5.11% to 0.5%. Previously extended to 30 June 2022,…