Tax advisor: Madrid is supportive in financing despite having lower taxes

According to a report published by the Foundation for Applied Economics Studies (Fedea), the Community of Madrid leads in both tax collection and contributions to the regional financing system. The Minister of Economy, Finance and Employment, Rocío Albert, emphasized that, despite having the lowest taxes, Madrid is the most supportive autonomous community in Spain. The… Continue reading Tax advisor: Madrid is supportive in financing despite having lower taxes

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?