The digital tax on large multinationals or “Google Tax”continues its parliamentary procedure for approval in Spain. The tax on certain digital services (IDSD) was approved by the Congress of Deputies, and is now sent to the Senate for its approval.
Taxable persons will be those legal entities and entities with a net amount of turnover of more than 750 million euros worldwide and with an income derived from digital services taxed in excess of 3 million euros in Spain. Companies that exceed these figures will be affected regardless of their tax residence. All this is reflected in article 8. The tax would be 3%.