The European Court of Justice (“ECJ”) has ruled that tax payers of other EU member states can apply for the refund of Inheritance Tax in Spain if they were not allowed to apply the same […]
Read MoreThe tax Bill proposed by the Government last week has finally put an end to one of the more ominous tax rules of the entire Spanish Tax system, the exit tax in Spain for home […]
Read MoreDividends exemption in Spain, the so-called participation exemption regime, have experienced a substancial reform in the new Corporation Tax Law. Under the participation exemption regime, dividends and capital gains obtained from the disposal of shares in […]
Read MoreExpats tax in Spain is expected to be changed in 2015. The Spanish Law would be amended to introduce a new regime for expatriates (“expats”) much better. Thus foreign expats coming to Spain, as well […]
Read MoreThe Spanish tax system overhaul planned by the group of experts entrusted by the Spanish Government greatly affects the structure of the Personal Income Tax, which affects individuals resident in Spain for tax purposes. These […]
Read MoreLast week a commission of tax experts delivered his report on the Spanish Tax Reform. Generally speaking the experts propose to reduce the weight of direct taxes and Social Security Contributions and to increase indirect […]
Read MoreDue to the publication of the Royal Decree Law 16/ 2013, 20 of December, on measures to promote stable employment and improve employability, the Social Security contributions in Spain is likely to increase, as the […]
Read MoreSpain is well known to be a high tax jurisdiction, basically due to the fact that the both the Corporations Income Tax (“CIT”) and Personal Income Tax (“PIT”) have very high tax rates (30 % […]
Read MoreThe mexican giant CEMEX has learnt how hard can be a Spanish tax officer. Nobody knows for sure what has happened since most media news are not technically written and the Tax Office (AEAT) has […]
Read MoreUnder the new VAT cash accounting scheme in Spain, business would report output and input VAT when they get paid by their customers or pay their suppliers. In this way, they can avoid having to […]
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