Spain Reinstates Extension of Certain Depreciation Benefits and Increased Simplified VAT Threshold to 2026

Spain has published Royal Decree-Law 2/2026 of 3 February 2026, which reinstates several of the measures extended by the recently repealed Royal Decree-Law 16/2025 of 23 December 2026. As previously reported, Spain published the Congressional Resolution of 27 January 2026 in the Official Gazette on 28 January 2026, which repealed Royal Decree-Law 16/2025. Among other things, Royal Decree-Law 2/2026 has now reinstated the extension of certain depreciation benefits for electric vehicles and in…