Tax incentives for sponsorship in Spain
Spain offers a favourable tax regime for sponsorship, allowing significant deductions in Personal Income Tax, Corporate Tax and even in wealth-related taxes such as Inheritance and Gift Tax.
tax lawyers spain
Tax Benefits in Spain for Foreign Professionals: Comparison Between the “Beckham Law” and the “Mbappé Law”
Comparison of the legal and tax implications of the Beckham and Mbappé regimes, their main advantages, and the eligibility requirements for each.
How should a company face a tax audit in Spain?
There are different reasons why a company can be subject to a tax inspection: excessive VAT refunds, discrepancies between quarterly and annual models (…), or commonly for random reasons.
What is the special tax on real estate of non-resident companies?
Non-resident companies that own real estate in Spain are subject to the non-resident income tax by means of a special tax payable on 31 December of each year and which must be paid in January of the following year.
Deadlines for the deposit of annual accounts in Spain
Read the full article: The Deposit of Annual Accounts in Spain
New Electronic System for Registering VAT Books in Spain
From 1 January 2017, large companies and professionals registered in the VAT Refund Special Regime will be required to use the new system for registering VAT books through the electronic office of the Spanish Tax Administration Agency.
The tax treatment in Spain on partners’ remuneration
One of the most important novelties introduced by the reform of the Law on Income Tax in Spain concerns the VAT taxation of a company’s partners engaged in professional activity.
Changes in the draft on the fiscal reform in Spain
The new fiscal reform in Spain, which will gradually be implemented in 2015 and 2016, will benefit rents bellow 50.000€ and individuals with family responsibilities. Severance pay shall be taxed, the exclusion of the dividends is abolished and the deductible quality of pension plans is reduced.
Effects of the next fiscal Reform in Spain
The Preliminary Law on Fiscal Reform in Spain is creating a much more effective business competition aimed at both self-employed workers and businesses. The Reform proposes changes to tax on companies (TC), tax on the income of individuals (TII), tax agency, and VAT regarding e-commerce.
Consequences of the Fiscal Reform in Spain for Self-Employed Workers
The fiscal reform in Spain implies a lowering of tax withholdings for self-employed people whose annual income is lower than 12.000 €. Self-employed workers can benefit from these measures beginning on the 1st of July 2014.
