Spain has published Royal Decree 899/2021 of 19 October 2021 in the Official Gazette, which amends the Personal Income Tax Regulation for the implementation of certain changes that were included as part of the Budget Law for 2021. Amendments to the regulation concerns revised limits on the deduction of contributions to social security systems and revisions to income tax rates.
The amendments concerning revised limits are in relation to new limits that apply to reductions in the tax base (ta…