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 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 MoreIt is always a good thing to be aware of the tax compliance calendar in Spain. In this calendar you can see all the legal and tax events required in the Spanish legislation. From the […]
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 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 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 % […]
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