According to the Audiencia Nacional in the present case, it can be inferred that, given the circumstances and evidence presented, the plaintiff company is not carrying out an economic activity as defined by the regulations. Therefore, it cannot be said that more than 50% of its assets are dedicated to an economic activity. The Judgment… Continue reading New jurisprudence on asset-holding companies
Tag: Company
Commercial advisor: Keys to the creation of the Central Registry of UBO
On September 19, 2023, Royal Decree 609/2023 will enter into force, creating the Central Registry of UBO (“RCTR“) and approving its regulations. The purpose of this article is to determine the keys to the creation of the RCTR and the consequences for the different obligated parties. Legal Context: Last July 11, Royal Decree 609/2023 of… Continue reading Commercial advisor: Keys to the creation of the Central Registry of UBO
Tax advisor: The Supreme Court defines rules for valuing radio services billed by companies related to a communicator
In its ruling of June 21, 2023, the Supreme Court upholds the adjustment for related transactions made by the Tax Inspectorate with respect to the appellant company, in which the media professional owns 94% of the shares. The Tax Inspectorate does not consider that there is simulation, but recognizes that it is valid for a… Continue reading Tax advisor: The Supreme Court defines rules for valuing radio services billed by companies related to a communicator
Tax advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: Recommended from a tax perspective?
The 118 Account is a useful accounting instrument for companies that need to solve financial or treasury problems when financing specific projects. However, it is common that shareholders choose this form of financing without understanding the true nature of this business. The purpose of this article is to clear up any doubts that may arise… Continue reading Tax advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: Recommended from a tax perspective?
Commercial advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: A flexible form of financing?
The 118 Account is a useful accounting instrument for companies that need to solve financial or treasury problems when financing specific projects. However, it is common that shareholders choose this form of financing without understanding the true nature of this business. The purpose of this article is to clear up any doubts that may arise… Continue reading Commercial advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: A flexible form of financing?
Commercial advisor: Spain approves the incorporation of limited liability companies online
On May 8, 2023, the Spanish Congress definitively passed the Law for the transposition of the Directives of the European Union on the accessibility of certain products and services, migration of highly qualified persons, taxation, and digitalization of notarial and registry actions, which will allow the incorporation online of limited liability companies. The Law for… Continue reading Commercial advisor: Spain approves the incorporation of limited liability companies online