Spain Gazettes Royal Decree Approving Supplementary Tax Regulations for Pillar 2 Global Minimum Taxation

The Spanish Official Gazette April 2 published Royal Decree No. 252/2025, approving regulations for Law No. 7/2024, ensuring global minimum taxation for multinational enterprise (MNE) and large domestic groups operating in Spain with consolidated revenue of at least 750 million euros (US$827.3 million) in at least two of the four immediately preceding tax years, under the OECD’s Pillar Two and EU Directive 2022/2523. The decree includes measures: 1) providing supplementary tax requirements to ensure a 15 percent minimum level of taxation for these MNE and large national groups, applicable from tax periods beginning on or after Dec. 31, 2023; 2) providing ...