Countdown to the decision on whether to continue applying the Spanish tax consolidation regime

The new CTA includes changes regarding the Spanish tax consolidation regime. One of the most significant developments for 2015 is the mandatory inclusion of certain companies in already existing tax groups. In this respect, Transitional Provision 25 of the new CTA provides that any entities which, pursuant to the new legislation, meet the requirements to be included in a tax group whose requirements they did not previously meet, shall be included in such group in the first tax period commencing on or after 1 January 2015…