Spanish Digital Services Tax – Update

Source WTS

 

 

• On 30th July 2020, the Spanish Parliament’s Treasury commission approved the Draft of the Digital Services Tax.
• Tthe Spanish Parliament has finalised the main parliamentary proceedings for the Spanish DST’s approval.
• After these parliamentary discussions, the new draft law includes three minor amendments that have no tax assessment impact.
• After the main parliamentary process, the draft law continues on its way to its final approval in the Senate planne to be finished end of Sept.
• If all goes well, the law will be published in the Official Gazette, at the beginning of October and will enter into force in January 2021.

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