Skip to content

Where are you from?

Choose your province and we will tell you how the deputies and senators you elected vote, one by one.

 

We remember it in this browser. If you create an account, we keep it there.
Sign in

Type a law, a topic, a person or a province.

What it is

Withholding rates cut for directors and image rights

BOE step 7 of 7 · Passed

It is a royal decree-law. It was introduced on 29 June 2001. Introduced by: Gobierno.

Official title: Royal Decree-Law 12/2001, of June 29, approving urgent tax measures regarding withholdings and payments on account of the Personal Income Tax and the Corporate Tax.

Follow

Source: Congreso de los Diputados, file 130/000021· updated 11 Nov

Automatic summary, not yet reviewed

  1. Withholding on the pay of directors and board members drops from 40% to 35%. If that income is earned in Ceuta or Melilla and qualifies for a tax credit, the rate is cut in half.
  2. The withholding rate on income from licensing the right to exploit one's image, or consenting to its use, is set at 20%. This matches the rate under personal income tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings..
  3. The rule takes effect the day after its publication in the Official State Gazette (Boletín Oficial del Estado).

Who it affects

  • Directors and members of boards of directors: Their advance payments toward personal income tax drop from 40% to 35%.
  • People who license their image rights or allow their use: The corporate tax withholding on that income drops from 25% to 20%.
  • Companies required to withhold: They must apply the new rates from the entry into force.

Words worth knowing

Retención (withholding)
Money a payer deducts from a salary or invoice and pays to the Tax Agency on account of the recipient's tax.
Ingreso a cuenta (payment on account)
A payment the company makes to the Tax Agency in place of the recipient when no withholding is applied.
IRPF
Impuesto sobre la Renta de las Personas Físicas: Spain's personal income tax.
Impuesto sobre Sociedades
Spain's corporate income tax, paid by companies on their profits.
Real Decreto-ley
A rule with the force of law that the Government can pass urgently, without prior parliamentary approval.
income tax
The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries

Where it stands

How far did it get?

It took 7 of 7 steps. It reached BOE, and today it is passed.

  1. Introduced29 June 2001Someone registers the text in the Congreso.
  2. Admitted10 July 2001The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendmentsno dateGroups propose changes.
  4. Committeeno dateA committee goes through the text in detail.
  5. Plenary10 July 2001All 350 deputies vote.
  6. Senateno dateThe Senate can pass it, amend it or veto it.
  7. BOEno dateIt is published in the Official State Gazette (BOE) and comes into force.
See the 4 official steps on a timeline
Jun 200111. 29 June 2001: Presentación22. 10 July 2001: Calificación33. 10 July 2001: Pleno Convalidación desde 10/07/2001 hasta 26/07/200144. 26 July 2001: Concluido - (Convalidado) desde 26/07/2001 hasta 31/07/2001

Was there a plenary vote?

We have no plenary vote linked to this law in the Congreso’s data.

What happens next

What happens now?

It is law, or will be once published in the BOE. It comes into force on the date its own text sets.

Published in the BOE: Royal Decree-Law 12/2001, of June 29, approving urgent tax measures regarding withholdings and payments on account of the Personal Income Tax and the Corporate Tax.

Sources

Where does all this come from?

  • The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
  • Each deputy’s province is the one of their seat on the day of the vote.
  • We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.

Read the full method · Report an error