Madrid raises inheritance tax exemption to 99% for family business successionExecutive summary: Madrid's regional government passed a law raising the exemption rate for inheritance and donation tax on family businesses to 99%. The change lowers tax liabilities for heirs of family‑owned firms, seeking to support business succession and preserve family enterprises. Madrid's regional parliament (PP‑led), family business owners, and the regional tax authority. The exemption will become effective later in 2026 and may inspire similar policies in other Spanish regions.The Madrid regional parliament approved a law that sets the inheritance and donation tax exemption at 99% for transfers of family‑owned companies. The measure aims to reduce the tax burden on heirs and encourage continuity of family enterprises. It is set to take effect later in 2026 and will be monitored for fiscal impact.Open the full case file on Beyond →
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