Client Alert #2/2020: Update of the tax measures - Differences between Local Taxes and State Taxes

25 March, 2020
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During the last week several legislative measures were approved (Royal Decree Law (“RD”) 7/2020, RD Law 8/2020, RD 463/2020 and RD 465/2020) all of which provide measures to deal with the extraordinary situation created by the spread of the COVID-19. Some of these Royal Decrees have been summarized in the previous FONT & YILDIZ’s Informative Note (https://fontyildiz.net/en/actions-and-possible-measures-in-labor-matters-under-the-interruption-of-economic-activity-due-to-covid-19/)

The 22nd of March, 2020, the President of Spain has proposed a new Royal Decree, which extends the period of application of the RD 463/2020 (The quarantine might be extended until the 11/4/2020). This decree, must however be approved by the Parliament.

Below, a summary of all Tax measures approved and in force today.

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