The Madrid Region Presents Its Institutional Stability to Italian Business Leaders Through Tax Cuts Such as Personal Income Tax

The Madrid Region today presented to Italian business leaders its incentive-based tax policies and institutional stability, which have made it the country’s leading economy, contributing nearly 20% of Spain’s GDP and leading the nation in business creation and employment

This was conveyed by the Regional Minister for Economy, Finance and Employment, Rocío Albert, at a business meeting held alongside the Official Spanish Chamber of Commerce in Italy, marking the start of her official visit to the transalpine country aimed at showcasing the region’s strengths and attracting foreign investment.

In the presence of around fifty representatives of companies from both countries with interests in Madrid, Albert highlighted the policies of the regional government aimed at promoting the simplification of administrative procedures and the reduction of bureaucracy, through tools such as the Open Line Against Hyperregulation and the Open Market Law. He also underscored the incentive-based tax framework that has been pursued for decades and has consolidated Madrid as the region with the lowest taxes in Spain and the most competitive in tax matters. These policies will be further strengthened with the upcoming half-point reduction in the regional segment of the Personal Income Tax, scheduled for 2027, announced earlier this week by President Díaz Ayuso.

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