The Law on Corporate Income Tax has been modified in cases of change of residence and transfer abroad of assets allocated to a permanent Spanish establishment.

Eduardo Gracia, managing partner at Ashurst in Madrid explains that tax authorities are taking a much tougher stance on tax fraud and evasion as public opinion is questioning companies' tax structures from not only a legal perspective, but also a moral one.

Tax lawyers must be sensitive to clients' businesses, assist them in managing risks, and help them understand the rapidly changing tax environment, explains Brian Leonard, partner at Deloitte Abogados in Madrid.

The Court of Justice of the European Union handed down a ruling in which Spanish law on inheritance and gift tax is considered to restrict the free movement of capital.

Rafael Fuster, partner at Uría Menéndez, says new international tax initiatives, such as BEPs and EU legislation limiting tax planning, will change the landscape for clients and advisers alike forcing them to increase risk awareness and develop risk mitigation strategies

<p>Tax lawyers must be sensitive to clients' businesses, assist them in managing risks, and help them understand the rapidly changing tax environment, explains Brian Leonard, partner at Deloitte Abogados in Madrid.</p>

The Explanatory Memorandum to the Draft Law amending nonresident income tax points out that the main reason for the tax reform is to adapt it to the EU regulatory framework.

BUREN's Spain/LatAm Practice team delivers the seventeenth edition of their quarterly newsletter, providing essential updates on business developments and tax guidance for clients operating across Spain and Latin America. This edition offers insights tailored to the unique legal landscape and cultural practices of these regions.

Regarding our previous publication, in this one, we want to explain the exemption of article 7P of the Personal Income Tax Law (IRPF), which is a tax benefit applied to workers displaced abroad for work reasons.

On February 15, 2017 the European Commission sent a reasoned opinion to Spain requesting a modification to its legislation regarding assets held in the European Union or European Economic Area Member States other than Spain.

On Saturday 13th March 2021, the Governments and Parliaments of the Kingdom of Spain and the United Kingdom have now taken all steps necessary to ratify the entry into force of the International...

No dia 1 de julho entrava em vigor a nova regulação do Patent Box no Imposto de Sociedades, incentivo fiscal que permite a redução de até um 60% na base imponible correspondente às rendas por exploração de determinados ativos intangíveis.

El Tribunal Supremo ha admitido a trámite un recurso de casación en el que deberá pronunciarse sobre la posibilidad de sancionar al obligado tributario por dejar de ingresar la deuda tributaria ...

In this video, Maximino Linares, Head of tax litigation, takes a look at the main trends in current tax litigation: the Spanish Supreme Court's renewed momentum in jurisprudence, the growing influence of EU law, and the Spanish tax authorities' response.

The Supreme Court establishes jurisprudence by issuing a judgment which has repealed the taxes applied to empty flats by the Badalona Town Hall...

Maximino Linares, Director de litigación fiscal, analiza en este vídeo, las principales tendencias de la litigiosidad fiscal actual: el nuevo impulso jurisprudencial del Tribunal Supremo...

The government of Spain has launched a tax reform that "will not be a simple retouch" but that will entail major changes.

The total adjustments at issue were 37 million Euros.

This adjustment was allowed, without penalty, if the applicant could demonstrate a tax burden payment equal to 10% of the purchase price of any non-declared goods.

The European Commission agreed on 2 October on a new measure that allows Member States to apply reduced VAT to electronic publications to bring their taxation into line with that of traditional books.