Spain Implements Urgent Housing Support Measures

The Spanish Tax Agency recently announced the publication of Royal Decree-Law 29/2026 of 6 October 2026, which contains urgent measures for the protection of the social function of housing and the expansion of the supply of affordable housing. The Tax Agency also published an overview of the measures.

The main corporate tax measure of Royal Decree-Law 29/2026 is an increase in the special surtax (penalty tax) from 15% to 25% on undistributed corporate profits originating from residential …