Spanish Government Planning to Move Forward with Digital Services Tax on Its Own

Spain's Minister of Finance, María Jesús Montero, has reportedly informed parliament that the government will introduce legislation for the introduction of a tax on digital services. Similar to the interim tax proposed at the level of the EU, which has failed to gain unanimous support, the Spanish digital services tax would be levied at a rate of 3% on digital service companies with global turnover exceeding EUR 750 million and Spanish sales exceeding EUR 50 million. The tax, which is designe…