The Supreme Court (SC) has recently issued a decision that significantly redefines the legal landscape regarding directors’ liability for corporate debts in Spain. Instead of adhering to the general and common prescription period of four years, the TS determines that this prescription period will vary depending on the specific nature of the debt in question.… Continue reading Tax Advisor: The prescription period for liability of administrators for corporate debts
Tag: Startup Law
Tax Advisor: Fiscal reforms at the national and regional levels in Spain in 2023.
The year 2023 concludes with notable Fiscal reforms . Among them, the ratification of the Wealth Tax by the Constitutional Court stands out, along with the abolition of the Inheritance and Gift Tax in certain Autonomous Communities such as Valencia and the Balearic Islands, following the elections on May 28. In Extremadura, the Property Tax… Continue reading Tax Advisor: Fiscal reforms at the national and regional levels in Spain in 2023.
Tax Advisor: Foreigners who arrived in 2022 and 2023 will be able to benefit from the Beckham Law retroactively.
The main topic of this article is teh Beckham Law retroactively . The legislator has finally resolved the uncertainty of displaced workers transferred to Spain in 2022 and 2023 to engage in entrepreneurial or high-skilled activities, according to the Startup Law of December 2022. These professionals had the option to avail themselves of the Beckham… Continue reading Tax Advisor: Foreigners who arrived in 2022 and 2023 will be able to benefit from the Beckham Law retroactively.
Tax Advisor: Beckham Law: Deadlines and Requirements to Benefit from the Tax Regime
The Personal Income Tax Regulation, as well as Model 149, used to request the expatriate regime, and Model 151, used for tax declaration by these taxpayers, have been adjusted to reflect the amendments incorporated in this area by the Startup Law. On December 6, 2023, Royal Decree 1008/2023 was published in the Official State Gazette… Continue reading Tax Advisor: Beckham Law: Deadlines and Requirements to Benefit from the Tax Regime
Tax Advisor: Timelines and Regulations: Updates and Deadlines in the Tax Regime for Individuals Relocating to Spain
The Law 28/2022, dated December 21, promoting the development of the startup ecosystem, introduced modifications to the special tax regime for individuals relocating to Spain (impatriates), effective from January 1, 2023. These changes include an expansion of the subjective scope, as detailed in our publication on the Startup Law of December 22, 2022. From 2023… Continue reading Tax Advisor: Timelines and Regulations: Updates and Deadlines in the Tax Regime for Individuals Relocating to Spain