Exit Tax in Spain refers to a tax applied when an individual or entity changes their tax residence outside the country. This tax imposes levies on unrealized gains accumulated by the taxpayer before the departure, particularly on assets like stocks or properties. The aim is to prevent tax evasion by taxing the accumulated gains at… Continue reading Unraveling Exit Tax in Spain: smart taxation when changing residence
Tag: International Taxation
Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence
Exit Tax in Spain refers to a tax applied when an individual or entity changes their tax residence outside the country. This tax imposes levies on unrealized gains accumulated by the taxpayer before the departure, particularly on assets like stocks or properties. The aim is to prevent tax evasion by taxing the accumulated gains at the… Continue reading Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence
Tax Advisor: Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence
Exit Tax in Spain refers to a tax applied when an individual or entity changes their tax residence outside the country. This tax imposes levies on unrealized gains accumulated by the taxpayer before the departure, particularly on assets like stocks or properties. The aim is to prevent tax evasion by taxing the accumulated gains at… Continue reading Tax Advisor: Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence
Tax Advisor: Exit Tax in Spain: Implications for Large Investors and Application Conditions
From the perspective of individual taxation, a fundamental aspect to consider when evaluating the tax implications related to changing fiscal residence from Spain to a third country is known as “Exit Tax,” regulated in Article 95.BIS of the LIRPF. This aspect is particularly relevant for large investors who hold stakes in various companies located in… Continue reading Tax Advisor: Exit Tax in Spain: Implications for Large Investors and Application Conditions
Tax Advisor: Comprehensive Reform in Fiscal Patronage: A Detailed Analysis of Royal Decree-Law 6/2023
Royal Decree-Law 6/2023, issued on December 19 and published in the BOE on December 20, 2023, addresses urgent measures to implement the Recovery, Transformation, and Resilience Plan, focusing on aspects such as the public service of justice, the civil service, local government, and patronage. With particular emphasis on fiscal matters, its fourth book introduces modifications… Continue reading Tax Advisor: Comprehensive Reform in Fiscal Patronage: A Detailed Analysis of Royal Decree-Law 6/2023
Tax Advisor: New Tax Opportunities in Spain: Approval of the Impatriates Regime and Its Benefits
Good news for investors, entrepreneurs, and professionals in general, whether they are executives, digital nomads, self-employed, or employees, as long as they are tax residents abroad and are considering investing or establishing themselves in Spain. After a wait of 359 days, on Friday, December 15, the application model, along with the annual tax return, was… Continue reading Tax Advisor: New Tax Opportunities in Spain: Approval of the Impatriates Regime and Its Benefits
Tax Advisor: Spain strengthens 15% additional tax for multinational corporations: Advancement in international fiscal cooperation
The Council of Ministers has approved in the initial phase the Draft Law to transpose the European Directive that establishes a global minimum taxation level of 15% for multinational corporations and large national groups. This step follows the recommendations of Pillar 2 of the OECD’s BEPS program, aimed at combating the erosion of the tax… Continue reading Tax Advisor: Spain strengthens 15% additional tax for multinational corporations: Advancement in international fiscal cooperation
