The Large Fortunes Tax (BOE Law 38/2022, of December 27, 2022) began to be applied on December 31, 2022. Its name by definition is Temporary Solidarity Tax on Large Fortunes. WHAT IS THE TAX ON LARGE FORTUNES ABOUT? The Tax on Great Fortunes is a direct tax, personal in nature and complementary to the Wealth… Continue reading Tax Advisor: The Temporary Solidarity Tax on Large Fortunes: everything you need to know
Tag: España
Tax Advisor: The Beckham Law and all its new features
Last December 22, the Official State Gazette published Law 28/2022, of December 21, on the promotion of the ecosystem of emerging companies, which includes several new features regarding the Special Tax Regime applicable to workers, professionals, entrepreneurs and investors relocated to Spanish territory, better known as the Beckham Law. The so-called Beckham Law or Impatriate… Continue reading Tax Advisor: The Beckham Law and all its new features
Tax advisor: The change in the Internal Revenue Service that will allow debts of up to 50,000 euros to be deferred without the need to provide a guarantee
The Tax Agency’s Collection Department will raise the limit of the obligation to provide guarantees in tax debt applications for deferment or installment payments. Thus, thanks to this modification, it will be possible to delay or split the payment of debts up to 50,000 euros, which implies an increase of 20,000 euros. All this can… Continue reading Tax advisor: The change in the Internal Revenue Service that will allow debts of up to 50,000 euros to be deferred without the need to provide a guarantee
Tax advisor: The DGT rules on the taxation of the dissolution of a co-ownership of a property encumbered with a mortgage
The Directorate General of Taxes studies in the binding consultation V0027-23 of January 11 the taxation of an operation of dissolution of community of goods in which a property is awarded to one of the co-owners and a compensation is made to the remaining owner. The DGT states that it does not matter if the… Continue reading Tax advisor: The DGT rules on the taxation of the dissolution of a co-ownership of a property encumbered with a mortgage
Tax Advisor: Rejection by the National Court of Appeals of the precautionary suspension of the taxation of energy companies
An order of the Audiencia Nacional dated February 17, 2023 has been published in which the Administrative Chamber of the Audiencia Nacional rejects the precautionary suspension of Order HFP/9/2023, dated February 2, 2023, which approves the forms for the declaration of income and payment of the temporary levy in relation to energy and credit companies,… Continue reading Tax Advisor: Rejection by the National Court of Appeals of the precautionary suspension of the taxation of energy companies
Tax Advisor: B Law & Tax organizes together with NewlandChase (CIBT), a webinar on the tax and immigration aspects concerning High Net Worth Individuals, the Democratic Memory Law and the Golden Visa on March 14th.
On March 14th, Inmaculada Pineda, partner at B Law & Tax and Eider Larretxea, tax advisor at B Law & Tax, will participate in the webinar “Tax and immigration issues concerning High Net Worth Individuals, Democratic Memory Law and Golden Visa”, which will be held together with NewlandChase (CIBT), in an event co-organized by NewlandChase… Continue reading Tax Advisor: B Law & Tax organizes together with NewlandChase (CIBT), a webinar on the tax and immigration aspects concerning High Net Worth Individuals, the Democratic Memory Law and the Golden Visa on March 14th.
Tax advisor: The monetization of the R&D deduction is compatible with minimum corporate income taxation
The recent consultation of the DGT (Directorate General of Taxes) dated February 16, 2023 (V0308-23), confirms the compatibility of articles 39.2 and 30 bis of the Corporate Income Tax Law. Previously, several different ways of interpretation were established that did not make it clear whether or not there was compatibility since there was no express… Continue reading Tax advisor: The monetization of the R&D deduction is compatible with minimum corporate income taxation
Tax advisor: New interpretation of article 240.2 of the LGT by the TEAC (Spanish Tax Authorities)
According to the recent resolution of the Central Economic-Administrative Court (TEAC), in its resolution no. 1373/2022 dated December 21, 2022, limitations contained in articles 26.4 and 240.2 of the General Tax Law (LGT), which state that: “Late payment interest will not be demanded from the moment in which the Tax Administration fails to comply for… Continue reading Tax advisor: New interpretation of article 240.2 of the LGT by the TEAC (Spanish Tax Authorities)