Newly Published Instructions for 2024 Tax Reform

The tax reform for 2024 has been initiated with the first module underway. The new changes include operational instructions that will be applied in 2024, providing a reduction of tax rates from 4 to 3 percent. The new rates are as follows: 23% for incomes up to 28,000 euros, 35% for incomes between 28,001 and 50,000 euros, and finally 43% for incomes exceeding 50,001 euros. The old rate of 25% which applied to incomes between 15,001 and 28,

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