The Spanish Congress of Deputies (lower house of parliament) has published the draft Law on the General State Budget for 2022, which was approved by the Council of Ministers on 7 October 2021. As previously reported, key tax measures of the draft Law provide for the introduction of a minimum corporate tax. Details of the minimum tax measures include:
- The minimum tax will apply for taxpayers with net turnover of at least EUR 20 million in the 12-month period preceding the tax period and for …