The contested ruling notes that there is a significant increase in cases involving the taxation of non-resident collective investment schemes that receive dividends from Spanish companies. In many cases, these institutions are resident in countries with which Spain has agreements to avoid double taxation. In this type of situation, the key issue is the neutralization… Continue reading Tax advisor: Supreme Court to rule on restrictions on free movement of capital, derived from IRNR regulations, for U.S. resident mutual funds
Tag: Law 11/2021
Tax advisor: Galicia’s appeal against lifetime inheritance dismissed
The Constitutional Court has ruled that ‘lifetime inheritances’ must be taxed in the Personal Income Tax (IRPF). This is the conclusion reached by the court in rejecting the appeal filed by the Xunta de Galicia against the modifications approved in 2021 to combat tax fraud, which focused on this type of donations. The Plenary considers… Continue reading Tax advisor: Galicia’s appeal against lifetime inheritance dismissed