Skip to main content
Practical Handbook for Companies 2021


On 31 January 2020 was the effective exit of the United Kingdom from the European Union.

However, it should be noted that, in relation to corporate income tax, there is a bilateral agreement between the United Kingdom and Spain to avoid double taxation, which will continue to apply from 1 January 2021.For these purposes, certain income which ceases to be exempt under domestic law would continue to be considered as exempt income by invoking the right to the application of that Convention.

You can consult in detail the consequences of Brexit on corporation tax from 1 January 2021 at the following link link.