On 30 January 2021, Spain’s Official State Gazette published  Royal Decree 1/2021, which established certain amendments in Spain’s Generally Accepted Accounting Principles (El Plan General de Contabilidad or “PGC”), such as the GAAP for Small and Medium Sized Businesses (SMBs), the rules for preparing Consolidated Annual Financial Statements and the rules for adapting the GAAP to non-profit institutions

The Baker McKenzie EMEA Tax Practice Group is presenting a series of short webinars to keep members of the community abreast of recent developments in these uncertain times. On 10 November 2020, the session focused on specific cases and provided the perspectives and recent experience of specialists based in a number of typical investment jurisdictions.