Spain has published Law No. 22/2021 of 28 December 2021 on the General State Budget for 2022 in the Official Gazette. The key tax measures of the Law provide for the introduction of a minimum corporate tax, summarized as follows:

• The minimum tax applies for taxpayers with net turnover of at least EUR 20 million in the 12-month period preceding the tax period and for taxpayers that are taxed u…