The Spanish Parliament approved final legislation to implement the European Union (EU) Directive on the mandatory disclosure and exchange of cross-border tax arrangements (referred to as DAC6 or the Directive) in December 2020. The Spanish legislation was published in the State Official Gazette on 30 December and entered into force on 31 December, being effective from that same date.
The final Spanish Mandatory Disclosure Rules (MDR) legislation is very concise and broadly aligned …