With 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 […]
Read MoreIn this article we include a completely updated guide about the Corporation Tax in Spain, including issues like deductible expenses, exempt income, transfer pricing rules, patent box, tax rates, tax credits, foreign income relief and […]
Read MoreAny business operating in Spain should be familiar with the VAT in Spain. This article deals with the compliance obligations regarding Value Added Tax (“VAT”). In Spain business must file monthly or quarterly VAT returns depending […]
Read MoreThe Government has proposed a new bill, which will come into force retroactively as from January 1st, 2013, which will disallow the deduction of Impairment losses of investments in subsidiaries, once passed by the Parliament. […]
Read MoreIn this post we explain how to register a Spanish company, describing all the steps and documents needed to set up a company in Spain. The formation of a Spanish company requires the following actions: Request […]
Read MoreCost incurred on Research and Development projects enjoy a R&D tax credit in Spain of 25 %. That is, 25 % of the cost can be credited against the Corporations Tax liability. In some cases, […]
Read MoreWith effect January 1st, 2013 the Patent Box in Spain was modified. Thus, the tax treatment of income from certain intangible assets, regulated in Article 23 of the Corporation Tax Act is going to be […]
Read MoreIn 2013 tens of thousands of Spanish and foreign retail investors (as many as 700.000 according to press sources) have lost billions of Euros invested in a toxic financial product called preferred bonds. In many […]
Read MoreEvery country in the world retains the right to tax capital gains arisen on the disposal of real estatev or other assets located within its territory. Tax Treaties confirm this tax treatment, at least with […]
Read MoreForeign business selling to Spanish customers need a VAT number in Spain in two cases: if they store goods in Spain or if they are doing distance sales in excess of 35,000 Euro . In […]
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