Update of the Economic Agreement between the State and the Foral Community of Navarra

Law 22/2022, of October 19, with effect for tax periods beginning on or after January 1, 2022, and not ending before the entry into force of said Law (October 21, 2022), modifies Law 28/1990, of December 26, which approves the Economic Agreement between the State and the Foral Community of Navarra, to update from 7 to 10 million the threshold figure for the volume of operations used to delimit the jurisdiction for the levying and verification of Corporate Tax, as well as the applicable regulations.

Furthermore, articles 18 and 23 of Law 28/1990, of December 26, are modified, which determine the application of the Navarra local regulations and the inspection competence in the Corporation Tax of the Regional Treasury, in the case of taxpayers with tax domicile in the common territory who pay taxes jointly to both Administrations and who in the previous year had carried out 75 percent or more of their operations in Navarra, unless they are entities that form part of a tax group, in which case it is required that all entities of the group be subject to Navarra local regulations under an individual taxation regime, pursuant to the provisions of article 27 of the Economic Agreement, in which case the inspection competence corresponds to the Regional Treasury.

Finally, modifications are introduced with respect to article 27 of Law 28/1990, of December 26, regarding the taxation of tax groups .