One of the last articles written in our blog was referred to Spanish Tax Measures approved by the new Government, in order to improve the economic environment. Now, the Spanish Tax Inspectors intends to help the Government, recommending them other measures that will not suppose any expense. The measure proposed consists on making a review of the info received from the ten countries or territories considered “tax haven” until they have signed a Tax Treaty with Spain. The Tax Inspectors consider that the info sent by this countries or ... Read more

The Spanish Corporate Tax Law provides a very competitive regime in order to attract technology and R&D investment in Spain, the so called “Patent Box”. The regime consists on 50% exemption of the income arising as a result of the transfer (cession) of the right to use or to exploit certain intangible assets (patents, industrial designs, formulas, etc). In order to access to this regime, among other requirements, the transferor must create the asset which right of use is transferred (it must be analyzed case by case if it is also ... Read more

On 11 January 2012, has been published the double tax treaty between Spain and Singapore. This new international treaty is in the line of the last years, in which the Spanish Government has signed several tax treaties with countries or territories considered as tax havens, like Hong Kong, Panama, Bermudas, etc. With the approval of this tax treaty, Singapore is automatically removed of the Spanish black list. In this way, companies resident in Singapore could be, for example, a valid exit for dividends distributed by Spanish Holding Companies ... Read more

El 11 de enero de 2012, ha sido publicado en el BOE el Convenio para evitar la doble imposición entre España y Singapur. Este nuevo convenio está en la línea seguida en los últimos años por el Gobierno español de suscribir convenios de doble imposición con territorios o países calificados como paraísos fiscales, como Hong Kong, Panamá, Bermudas, etc. Con la aprobación de este convenio, Singapur queda automáticamente eliminada de la lista de paraísos fiscales. De esta forma, sociedades residentes en Singapur pueden ser una válida ... Read more

El estímulo necesario para impulsar la actividad emprendedora vendrá a través de una nueva norma que está preparando el Gobierno. Menos burocracia, incentivos fiscales, facilidades para obtener crédito y apoyo a la internacionalización son las principales medidas. Lo primero que se concretará es el concepto de emprendedor. “Aquella persona que está iniciando una actividad económica, a la que se suman las empresas constituidas o los trabajadores autónomos que lleven operando menos de dos años”. Es decir, las medidas que se ... Read more

Con este artículo queremos celebrar el triunfo, en los Tribunales Españoles, de la carga de la prueba sobre las presunciones que, según la Sala de lo Contencioso-Administrativo de la Audiencia Nacional, suelen aplicarse por parte de la Administración Tributaria Española en relación con el llamado “motivo económico válido en las operaciones de reestructuración”. Efectivamente, hasta febrero del pasado año 2011, muchas de las sociedades que realizaban las operaciones por las que solicitaban aplicarse el Régimen Especial previsto ... Read more

The following are the most important modifications classified by each tax introduced by mentioned Royal Decree published last 31st December on the Official Spanish Gazette. PROPERTY TAX Generally, for 2012 and 2013 tax years, tax rates are increased in a complex manner to 10%, 6% or 4% over current tax rates from each territory in where tax payers must take into account the dates of the last review regarding the cadastral values of the properties . PERSONAL INCOME TAX  Temporarily, for 2012 and 2013 tax years, the Royal Decree establishes ... Read more

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Spanish Law 43/1995 introduced a special tax regime applicable to Spanish holding companies creating one of the most competitive holding regimes in the world. The stability that this special regime has experimented over these last years makes it a very reliable vehicle of investment. This fact is even enforced by the wide range of treaties that Spain has undersigned in the last years. There are several interesting features about the Spanish holding company (called in Spanish “Entidad de Tenencia de Valores Extranjeros” – ETVE – ... Read more

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