- Urgent measures are being taken to address the economic and social consequences of conflicts in Ukraine and the Middle East, as well as the effects of drought.
- The measures include changes to the Value Added Tax (IVA) and deductions for Individual Income Tax (IRPF).
- The changes are outlined in the Royal Decree-law 8/2023, issued on December 27th.
- The purpose of the measures is to mitigate the negative impacts of the conflicts and drought on the economy and society.
Source: boe.es
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
