The Community of Madrid is about to finalize the so-called “Mbappé Law,” a reform of the IRPF, as the region manages 50% of this tax. This law will allow new taxpayers who relocate to the Community and make investments within it to save up to 60 million euros annually on the tax. The Madrid Assembly… Continue reading The Community of Madrid will implement the “Mbappé Law” to attract foreign investors
Tag: Mbappé Law
What is the ‘Mbappé Law’ about?
The autonomous communities have the power to manage the autonomous part of the Personal Income Tax, a tax partially ceded to the autonomous communities. Such is the case of the Community of Madrid. Currently, is working on a modification of the regional Personal Income Tax regulations, which includes deductions of up to 20% of the… Continue reading What is the ‘Mbappé Law’ about?