Spanish Parliament Approves Decree Increasing Advance Payments for Large Companies

On 20 October 2016, the Spanish parliament approved Royal Decree Law 2/2016, which includes an increase in the advance tax payments required from companies with turnover in excess of EUR 10 million in the previous year. The Royal Decree was published 30 September 2016 with immediate effect, but required parliamentary approval within 30 days to remain so ({News-2016-10-06/A/3- previous coverage}…
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