The use of Xero in Spain is becoming increasingly popular, although it is still far from its use in other countries. Apart from language barriers (Xero is not translated into Spanish), the main issues are […]
Read MoreIn this article we refer to the Corporations Tax in Spain 2018 updated regulations. This is a brief guide to let you know the key aspects of the current regulations. For more a complete overview […]
Read MoreGoodwill represents the price paid for a business over the net asset value thereof. Goodwill amortization in Spain was not allowed until 2016, although it could be impaired. However, as from 2016 goodwill must be […]
Read MoreIn order to enhance the capitalization of Spanish companies, a tax credit in Spain has been introduced as from January 2015. Undistributed profits will enjoy a more favorable tax treatment than those distributed as dividends. […]
Read MoreIn this post we detail the depreciation rates currently in force in Spain applicable to fixed assets. The depreciation rate applied must be comprised between the maximum depreciation rate (left column) and the maximum […]
Read MoreThe new rules for Corporation Income Tax (“CIT”) in Spain disallow the deduction of losses resulting from the sale of shares when the tax payer has received tax exempt dividends within a determined look-back […]
Read MoreTax filing in Spain, i.e., the deadlines to file all the taxes are really easy to retain. There are different rules for large tax payers and small and medium size entrepreneurs. Generally speaking large companies […]
Read MoreWith the purpose of encourage the corporate capitalization and the investment in new fixed assets or real-estate investments, a new tax credit is created for SME companies (turnover less than 10 million of euros the […]
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