November 2021

Law 11/2020, of December 30, on the General State Budget for the year 2021, with effect for tax periods beginning on or after January 1, 2021, has amended article 39.7 of Law 27/2014, of November 27, on Corporate Tax (LIS) to extend the application of the deductions to which the Producer is entitled, regulated in article 36.1 and 36.3 of the LIS, to the taxpayer who participates in the Investor financing of Spanish productions of feature films and short films and audiovisual series of fiction, animation, documentary or production and exhibition of live shows of performing and musical arts carried out by another taxpayer, when they meet certain requirements.

The "Informative Declarations 2021" has been published, bringing together information and new developments regarding the forms and deadlines for submission. In any case, the new features included in this publication are subject to the approval of the regulations that are currently being processed.

The submission of 2021 information returns may be made from 1 January 2022.

The document "Guide to mutual agreement procedures" is included, focusing on the mutual agreement procedures on transfer prices, the competence of which is the Tax Agency, in order to make the essential elements of the regulations that govern them available to taxpayers in a more accessible language.

The new Sevilla Centro Administration is created, located in the municipal district of Seville, and the Granada-Almanjayar Administration is abolished and integrated into the Granada Delegation. It will come into force on November 15, 2021.

WARNING: This change does not affect users of the current portal or the new headquarters of the Tax Agency, who will be able to continue accessing the portal as usual.