Spain: Bill for the General State Budget Law for 2023 introduces a new tax benefit: the Reserve for Investments in the Balearic Islands (RIB)
The RIB consists of a reduction to the taxable amount for the tax concerned, in respect of the portion of the taxable person's income obtained from economic activities, including amounts obtained from transfers of assets used in them, which is used to record a reserve to undertake certain types of investments in the Balearic Islands.The system of provision of stevedores will be established in the bylaws of the Port Employment Centers ('Centros Portuarios de Empleo')
This is established by a recent reform introduced in the new regulation of the protection of consumers and users from situations of social and economic vulnerability.