OrbitaxBudget for 2010
|Approved Changes|Spain
The Bill for the Budget for 2010 was approved by the government on 26 September 2009. The most important features of the Budget, which will generally apply from 1 January 2010 if it is approved by the Parliament, are as follows:
Individual income tax
| - | Progressive taxation of savings income is introduced. The first EUR 6,000 will be taxed at 19% and the rest at 21%. Currently, savings income is taxed at a … |