Royal Decree-Law 15/2020 of 21 April 2020 (published in the official gazette on 22 April 2020) includes supplementary economic and tax measures in response to the coronavirus (COVID-19) pandemic.
In general, Royal Decree-Law 15/2020 includes a mechanism for the deferral of rental payments or industrial premises when the lessors are major property owners or public companies.
With regards to tax measures, Royal Decree-Law 15/2020 includes a mechanism for installment payments regarding corporate income tax and reduced value added tax (VAT) rates for medical supplies and electronic books, magazines, and newspapers. There are tax relief measures provided for individual (personal) income tax, allowing for the “objective assessment method” to be waived for 2020.
Regarding unemployment benefits, the coverage has been broadened to include workers whose employment contracts have been terminated as from 9 March 2020 and workers who resigned since 1 March 2020 and were relying on a definitive offer of employment that was later withdrawn.
Read an April 2020 report [PDF 275 KB] prepared by the KPMG member firm in Spain
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