The name of this law may be familiar to us, as it is somewhat associated with the former British footballer. This is because this player was one of the first to benefit from this legislation, which is aimed at foreigners who wish to move their residence to Spain for work purposes. Therefore, the affected person… Continue reading Beckham Law: who can apply for it?
Tag: tax benefit
Family business exemption
The requirements for a company to be considered as a “family business” and to be able to benefit from the exemption in Personal Income Tax, Inheritance and Gift Tax, as well as Wealth Tax, are the following: In addition, in order to qualify for this exemption right, the company must allocate at least more than… Continue reading Family business exemption
Tax advisor: The tax benefit related to the tax deduction of the financial goodwill cannot be applied
In the Ruling of February 28, 2023, the National Audience examines whether the tax benefit related to the financial goodwill tax deduction set forth in Article 12.5 of the TRLIS, which the taxpayer used in its corporate income tax returns for the years 2008 and 2009, is applicable to the current case. This arises as… Continue reading Tax advisor: The tax benefit related to the tax deduction of the financial goodwill cannot be applied
Tax advisor: Tax benefit extended to companies for the promotion of events
The Supreme Court (SC) has confirmed its new position on taxation and has established that private companies can deduct up to 15% in corporate income tax for advertising or promotional expenses related to events of general interest, such as a sporting event in a city. The SC has modified its criterion on taxation and has… Continue reading Tax advisor: Tax benefit extended to companies for the promotion of events
