Spain has officially published the Law for the Prevention and Actions Against Tax Fraud, according to law firm DLA Piper.

This law includes several tax measures which directly affect multinational groups of companies.

With the aim of adapting the Spanish legislation to the European Union Anti-Tax Avoidance Directive (ATAD), the Law amends the exit tax and controlled foreign corporations (CFC) rules.

Previously it was possible to defer the exit taxation indefinitel...