In a landmark decision, the European Court of Justice has declared that the Spanish exit tax, at it is currently constructed, is contrary to the EU Treaty. Under Spanish corporate taxation law, unrealised capital gains […]
Read MoreAccording to a recent press release of the European Commission, it has decided to refer Spain to the EU’s Court of Justice for discriminatory real estate tax rules that prevent non-residents from enjoying the same tax benefits as […]
Read More“Floor clauses”, conditions of variable rate mortgages that prevented interest rates going down below a certain level (i.e. 3 %) while the benchmark (in the vast majority of cases, the Euribor) did, are null “in […]
Read MoreThe Court of Justice of the European Union(“ECJ”) in its judgment of 14 March 2013 (C-451/11), has determined the breach by the Spanish law of Directive 93/13/EEC of 5 April 1993, because, on the one […]
Read MoreThe inheritance Tax in Spain, also called Estate Tax, is one of the main concerns of aliens buying properties in Spain. And for good reasons. This post explains the main features of the Spanish Inheritance […]
Read MoreThe Spanish Government has recently approved a battery of measures to enhance the business activity by reducing the tax cost and social security contributions associated to new ventures. One of the most relevant measures […]
Read MoreInterest on related – party debt would be disallowed for tax purposes when the funds borrowed are used to finance investments in other group companies (contributions to capital) or to internal acquisitions (i.e. acquire […]
Read MoreThe recent developments in the Spanish Corporation Tax have hit several features of Spanish holding companies that made them one of the most useful in internationa tax planning. The most important legal change is the […]
Read MoreThis handy tool allows you to calculate the Capital Gains Tax due when selling your Spanish Property. You only have to fill in four fields (cost and date of acquisition and price and date of […]
Read MoreThe interest of the tax treatment of royalties received by Spanish companies as consideration for the use of any patents, design, models, plans, or scientific, commercial or industrial know how has been highly overlooked. The […]
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