Publicado: 05-03-2025
Corporate sustainability is no longer an option but a necessity. In Spain, companies must strike a balance between profitability and compliance with tax regulations aimed at environmental protection. But how do environmental taxes impact your company`s financial structure?
Environmental taxes are levies designed by the European Union to reduce climate change impacts and promote the efficient use of natural resources, energy, and eco-friendly transport systems.
Starting in 2025, the Spanish Government will introduce a new waste tax affecting property owners in municipalities with more than 5,000 inhabitants. This tax, ranging from €50 to €150 per year, aims to enhance urban waste management and meet EU environmental standards.
Environmental tax costs can have a greater impact on industries such as transportation and heavy industry, which rely on energy-intensive processes or polluting materials. However, they also affect investment firms and other business sectors.
There are strategies to optimize the tax burden through corporate tax deductions, including:
Beyond regulatory compliance, integrating a sustainable tax strategy allows businesses to:
At Gentile Law, we specialize in tax and regulatory advisory services for businesses looking to comply with environmental regulations without compromising profitability.
Contact us to discover how we can help you develop an efficient and sustainable tax strategy.
Lucía Goy Mastromiechele
luciagoy@gentile.law
+34 626 11 84 51
