This morning the Government has published the Royal Decree-law 15/2020 (attached), which includes the following main tax measures:

  • Special VAT rates on the acquisition of sanitary equipment (0%) and online access (4%) to books, newspapers and magazines.
  • Small and medium sized companies (turnover under 6 million euros) will be entitled to file the down payments of the Corporate Income Tax based upon the tax base of the current year.
  • More flexibility in the application by entrepreneurs of the special regimes for Personal Income Tax and VAT purposes.
  • The suspension of the deadlines in some tax procedures approved by Royal Decrees – law 8/2020 and 11/2020 has been extended to May 30th.