The Spanish parliament is considering a draft bill submitted on 28 February 2020 for the introduction of a financial transactions tax (FTT). The measures of the bill are generally in line with those proposed as part of the 2019 Budget, which was rejected in parliament in February 2019. This includes FTT at a rate of 0.2% on the consideration for the acquisition of qualifying shares issued by Spanish companies where:
- The shares are listed on a regulated Spanish or EU stock market, or on an eq…