The Spanish Tax Agency has announced the publication of Law 11/2021 of 9 July 2021 in the Official Gazette, which introduces various measures to prevent and fight tax fraud. This includes measures to amend Spain's controlled foreign company (CFC) rules and exit tax rules to comply with the EU Anti-Tax Avoidance Directive (ATAD), which were first proposed back in 2018:

• Measures to bring Spain…