Investment Policy Monitor
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share





Latest publications

- Home >
- Investment Policy Monitor >
- Spain - Reduces corporate income tax rate and approves a new special tax regime for investment in the Balearic Islands
Spain
Reduces corporate income tax rate and approves a new special tax regime for investment in the Balearic Islands
23 Dec 2022On 23 December 2022, Spain approved the General State Budget Law for 2023 that, among others:
1) It reduced the CIT rate from 25 to 23 per cent for entities with net revenues below 1 million EUR; 2) Introduced a new special tax regime for the Balearic Islands composed of two tax benefits for 2023-2028 taxable periods. These are: a reduction in the tax base for the profits that are destined to the provision of a reserve to make certain investments in the Balearic Islands including creation of jobs, R&D&I expenses and certain assets acquisition; and a quota bonus for taxpayers who develop industrial, agricultural, livestock and fishing activities.
-
Type:
- Treatment and operation (Corporate taxation)
- Promotion and facilitation (Investment incentives, Special economic zones)
-
Industry:
- Not industry specific
- Primary (Agriculture, forestry and fishing)
-
Sources:
- Agencia Estatal Boletín Oficial del Estado, Ley 31/2022, de 23 de diciembre, de Presupuestos Generales del Estado para el año 2023., https://www.boe.es/boe/dias/2022/12/24/pdfs/BOE-A-2022-22128.pdf, 24 Dec 2022
- Garrigues, Summary of the tax measures in the General State Budget Law for 2023, https://www.garrigues.com/sites/default/files/documents/spain_-_summary_of_the_tax_measures_in_the_general_state_budget_law_for_2023.pdf, 29 Dec 2022
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share





Latest publications
