What changed
Navarra's Foral Law 18/2025 implements the global minimum tax for large multinational and domestic groups, ensuring that groups with consolidated revenues above 750 million euros pay an effective tax rate of at least 15% in Navarra, in line with the OECD Pillar Two framework and the EU directive transposed at the Spanish national level. It introduces a qualified domestic top-up tax and adjustments to Navarra's existing corporate tax law.
Who is affected
Large multinational enterprise groups and large domestic groups with annual revenues exceeding 750 million euros that have constituent entities or activities in Navarra are directly affected.
What to look out for
→ Multinational and large domestic groups operating in Navarra should review their effective tax rates per jurisdiction and assess whether top-up tax obligations arise under this law, consulting tax advisers to ensure compliance from the law's entry-into-force date.
⚠️ This explanation was created with AI assistance and may be inaccurate or incomplete. It is not legal advice. Before taking action, check the official text and consult a qualified lawyer.
Original law: BOE-A-2026-3911 — Check the official text before relying on this explanation.