OrbitaxBudget Law for 2006 approved – details
|Approved Changes|Spain
The Budget for 2006 was approved by Parliament through Law 30/2005, of 29 December 2005, published in the Official Gazette of 30 December 2005. Details of the Law, which apply from 1 January 2006, are summarized below.
Corporate income tax
The general tax rate for the prepayments that companies must make during a calendar year remains at 18%.
In r…
