With effect from 29 December 2022, the Temporary Tax on Solidarity of Large Fortunes (TSLF) enters into force, accruing on 31 December 2022.
The approved text does not include changes to the text initially sent by the Congress of Deputies since none of the amendments presented in the Senate have been accepted.
The key points are as follows:
The approved text also provides for the amendment of the WT Law so that non-resident taxpayers with companies domiciled abroad whose main asset is real estate located in Spain will be taxed for their participation in such companies in both the WT and the TSLF.
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