In its January 19, 2022 edition, the Official State Gazette (BOE) published a corrigendum to Royal Decree-Law 32/2021, of December 28, 2021, on urgent measures for labor reform, ensuring stable employment and transforming the labor market.
A conflict in the application of tax provisions procedure requires a prior favorable report by the consultative committee as specified in article 159 of the General Taxation Law (LGT). Any assessments issued without implementing these guarantee mechanisms must be deemed null and void.
The law includes a 15% minimum corporate income tax rate and nonresident income tax rate (for taxpayers with a permanent establishment), a €1,500 cap placed on the reduction for individual pension plans and restrictions introduced for access to the increased €10.000 reduction for employer pension plans; and, as happens every year, a new set of events of exceptional public interest is determined.
Following the announcement of the labor reform agreement, the BOE published the text that, among other things, modifies the type of contracts, establishes new flexibility mechanisms and reintroduces the ultra-activity of collective bargaining agreements.