Spain has published Law 31/2022 of 23 December 2022 in the Official Gazette, which contains measures for the 2023 State Budget. Some of the main tax measures of the budget law include the following:

• With effect from 1 January 2023, a reduced corporate tax rate of 23% is provided for companies whose net turnover of the immediately preceding tax period is less than EUR 1 million;
• Accelerated de…