Details

  • Type: Publication series
  • Date: 7/24/2012

Spain – Royal Decree Amends Rules on Personal Income Taxation, VAT 

KPMG in Spain reports that a new Royal Decree-Law in Spain modifies the Personal Income Tax Law in ways that will increase the tax burden of many individuals.  In particular, the Decree-Law amends the rules governing the tax relief related to the purchase of a principal residence and the rates of withholding tax on certain earnings.  Also, the Decree-Law modifies the rates of value added tax (VAT).

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