OrbitaxSpain Increases Allowed Deferred Tax Debt Amount without Guarantee and Reduces Interest Rate
|Approved Changes|Spain
On 19 October 2015, Spain's Ministry of Treasury and Public Administration published an order increasing the tax debt amount that may be deferred without a guarantee from EUR 18,000 to EUR 30,000, and reduced the interest rate on deferred taxes from 4.375% to 3.75%. The order entered into force on 21 October 2015.
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