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Spain: Tax relief measures responding to coronavirus (COVID-19)

Spain: Tax relief measures, responding to coronavirus

Three pieces of legislation—Royal Decree-Law 6/2020, Royal Decree-Law 7/2020, and Royal Decree 463/2020—provide initial measures to address the coronavirus (COVID) crisis. The legislation includes measures that address health and the economy at large, with a particular emphasis on the tourism industry, small and medium size enterprises (SMEs), and the self-employed, as well as persons affected by the containment measures.


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Given the gravity of the situation, it is expected that these are but the first of many laws, decrees and ministerial orders (presumably some would be announced at the next cabinet meeting). These measures are at the national level, and they could be supplemented by measures at regional and local levels.

With regard to tax relief, the measures for Spanish companies include:

  • Suspension or tolling of the statutory periods under the procedural laws across all jurisdictions
  • Tolling of statutory periods for proceedings of public sector entities
  • Tolling of limitation periods and expiration dates
  • Possibility to opt for a deferral of “small” past-due tax debts in respect of state-level taxes, as follows:
    • The deferral is only available to individuals or entities with a volume of business not exceeding €6,010,121.04 in 2019.
    • Subject to a request by the taxpayer, a deferral of payment will be granted in respect of tax debts arising from assessments and self-assessments with filing and payment deadlines falling between 13 March 2020 and 30 May 2020, and would apply for value added tax (VAT), tax withholdings, excise taxes, and corporate income tax.
    • A cap of €30,000 is set for tax debts that may be deferred on these special terms.
    • The deferral will be granted for a fixed period of six months.
    • No late-payment interest will accrue for the first three months. However, these deferrals will necessarily accrue interest for the remaining three months.

Read a March 2020 report (Spanish) [PDF 267 KB] and (English) [PDF 242 KB] prepared by the KPMG member firm in Spain

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