The Budget Bill for 2016 was presented to the Parliament on 5 February 2016. The Budget Bill provides for several tax measures impacting on areas that range from corporate tax, indirect taxes, real estate taxes and personal income tax. Garrigues tax team looks into the most relevant tax measures. Please click on the link to read the summary.
The Budget Bill will be now enter a phase of parliamentary discussion during a period of at least 6 weeks to arrive to a final text.
We hope you find our summary useful. As always, we welcome any questions or feedback, so please get in touch if you would like to discuss this issue further.