On 11 January 2024, the Spanish Government issued a release announcing that the Congress of Deputies has approved the Royal Decree-Law extending certain measures in response to the economic and social consequences resulting from the conflicts in Ukraine and the Middle East, as well as to alleviate the effects of the drought. As previously reported, this includes the extension of the extension of reduced VAT rate measures, as well as the extension of the windfall taxes on the energy and banking sectors. Notably, the release states that the Royal Decree-Law extends indefinitely the windfall taxes on the extraordinary profits of...