Spain: Broader interpretation of industrial activity for purposes of reduced excise duty on electricity
Supreme Court decision
Supreme Court decision
The Supreme Court on April 17, 2024, issued a decision (appeal 8984/2022) broadening the interpretation of “industrial activity” for purposes of the 85% reduction in the excise duty on electricity (IEE) provided for in article 98.1.f) of Excise Duties Law 38/1992 of 28 December 1992.
KPMG observation
The decision means that more companies will be eligible for the IEE reduction and may also have repercussions for other taxes for which the interpretation of industrial activity is relevant.
Read a June 2024 report prepared by the KPMG member firm in Spain
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