On 30 July 2020, the Spanish Congress of Deputies (lower house of parliament) approved draft bills for a digital services tax (DST) and financial transactions tax (FTT). Both bills are now pending submission in the Senate for consideration and approval.
As previously reported, the draft bill for the introduction of the DST provides for the tax to be levied at a rate of 3% on digital services including online advertising, online intermediation services, and the sale of user data generated t…